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To: MMM Mule who wrote (17441)3/14/2001 11:38:29 AM
From: BigTex  Read Replies (1) | Respond to of 19297
 
see thar mule....
even a "D" can learn something...LOL



To: MMM Mule who wrote (17441)3/14/2001 11:53:28 AM
From: Jeff  Respond to of 19297
 
heres what happened mule.......

tech investors got scammed by the big money boys.....so the nasdaq tanks and folks are scared......

but big money boys don't want you to have money in money market funds...they want your money.....

so they go on CNBC and convince folks that money now is going into old economy stocks.....and even though many are at their highs......they convince you dow is heading to 13000 and you better jump in because nasdaq is dead for along time......

so just when folks start flocking to the old economy stocks......and they feel safe....big money sucked them in......then they pull the rug out to the tune of nearly 1000pts in a few days......

folks panic......and yet more money changes hands from the little mom and pops to the greedy big money boys on crime street u.s.a .......

if CNBC had any ethic's......they would have told folks to stay in cash and don't chase up dow stocks at their highs......but they made folks believe everybody was rotating money to the dow and you better get in or miss the boat......

investors will die in this enviroment......the money they lose now will take many years till they get it back.....

but traders can make a killin' if they know how to play against CNBC.....thats right...you never play with CNBC.....you do the opposite of what you hear there....

do people really believe a trader would tell CNBC what they are going to be doing that day......HUGEROLL!!!!!!!

they put out bogus info to CBNC because they are doing the opposite of what they want the public to believe......

live and learn......

its real sad......but thats the market.....don't fight it.....just go with the flow......