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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: SouthFloridaGuy who wrote (2628)3/28/2001 10:15:00 AM
From: smolejv@gmx.net  Respond to of 74559
 
Talking about blame...well, BilG got a ticket to the amount of several tens of BUS$. In the mean time Bill and Melinda gates foundation keeps shelling out money to aids, TBC, malaria etc research. And his father is dead against abolishing the death tax.

Morale:
i) it's all just a spin
ii) physicists like me prefer a positive spin (g)
iii) one can differentiate between different LEs (stands for Large Egos) if one cares to
iv) if you dont like the guy's sailing manners, start again with rule i)

dj



To: SouthFloridaGuy who wrote (2628)3/28/2001 11:12:23 AM
From: tradermike_1999  Read Replies (1) | Respond to of 74559
 
b

Message #2628 from NewYorkCityBoy at Mar 28, 2001 9:27 AM

Jay, I think you make an EXCELLENT point. I am going to keep saying it to myself too because too often it comes right in and right out of my head.
In situations like these, there is NO reason to buy any stock unless the insiders are buying it.

Currently, they are using every rally to cash out and that does not bode well for the future. Heck, even Priceline.com insiders are trying to get out...what does that tell you???

As an aside, I feel very cheated as to who the "winners" of this game have been. It's been CEO's, I-Bankers, and top management spouting B.S. on CNBS, manipulating BS (Balance Sheets), and being overall greedy basturds almost all for personal gain.

Don't blame Alan Greenspan, blame Larry Ellison.


Easy credit and money - which Greenspan created - turns relatively intelligent people into fools.