Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Little Joe who wrote (66292)	3/20/2001 9:18:21 PM
From: B.REVERE	Read Replies (1) \| Respond to of 117020

I disagree. The nasdaq did not go up 30% or 85% annually in 98/99 because of pension fund money. They helped but it was the lack of action in '96 by Greenspan to back up his words of "irrational exuberance" that gave the green light to the greater fool theory of investing. He could of let the whole thing resolve itself with the LTCM blowup, but had to save Merriweather and his bank buddies from becoming just like every other worthless analyst who lose other people's money. This "free market" crap portrayed by the media is sickening, but I do know this, the majority of the US public buy it, hook, line and sinker.