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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?


To: horsegirl48 who wrote (10159)2/14/2001 12:08:10 PM
From: MulhollandDrive  Respond to of 13572
 
HG,

>>We live in a world were a cheap home costs 250,000 and a cheap car is 20,000. What can our children expect to own in the future? What kind of money must they make to survive? Just ramblin and wonder where all this will lead us? <<

Nothing that a serious case of DEFLATION won't cure. Scary, huh?



To: horsegirl48 who wrote (10159)2/14/2001 5:35:19 PM
From: mishedlo  Respond to of 13572
 
they could have put a end to alot of things, it has not only been tech that has been destroyed but little old lady stocks too

KO (Coke) has a PE of 70! I would classify that as a little old lady stock. If that crashes back to a reasonable PE of 15, big big big OUCH on the DOW. How many more of these are there?

Nothing looks sane. Runups rundowns. Starting to see those 10 point swings again, on NAZ stocks. Run ups into FED meetings (we all know more or less what he is going to say) but ...... market jumps anyway, up before he talks and down after he finishes.

I really do not know how the average person is simply not scared sh**less.

M



To: horsegirl48 who wrote (10159)2/14/2001 5:39:43 PM
From: Dealer  Respond to of 13572
 
Hi Horsegirl!

it has not only been tech that has been destroyed but little old lady stocks too.

Yes this little old lady. Thanks for mentioning me. :-)

dealie