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To: RKHIII who wrote (44948)1/8/2001 8:29:36 PM
From: Bob  Respond to of 57584
 
Well this is just a little off color:

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Old Chinese Proverb:

He who tries to pick bottom
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come away with stinky finger....



To: RKHIII who wrote (44948)1/8/2001 9:27:23 PM
From: Softechie  Respond to of 57584
 
Just for the record, Fleckenstein is prudent bear on speculation growth. I like his thinking and I know he, like Buffett missed the techs speculation run from Oct 1998 to March 2000 but to each his own ways to make money in this market. But speculation can have its downside and you're looking at it. Now most investors have got bitten good. Like they say "Once bitten, twice shy" and I don't think Nasdaq will ever be like what it was for a long time.