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To: Arthur Tang who wrote (1406)6/25/2001 10:28:02 PM
From: TechTrader42  Read Replies (1) | Respond to of 1471
 
Easy money! That's terrific! Nothing like easy money.

Here's another quote from Gruenfeld's novel, "The Street":

"Experts troop across the television all day long, from three hours before the market opens until well after it closes. ... When the market's up they tell us to buy and ride the wave. When the market's down they tell us this is a great time to find bargains, to buy on the dip. Every day when the market closes the tube is flooded with people telling us precisely why things happened during the day, and how it was all so easily foreseeable, except that none of them foresaw any of it until it was all over, like those guys at Caltech who tell you how esily predictable the earthquake was after it happened. They've even got us thinking a crash is a good thing because we've been trained to call it a correction instead."

It isn't just the tube that's flooded with experts, either. The Internet is, of course, too.