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To: CoffeePot who wrote (26677)9/27/2001 10:28:00 AM
From: SouthFloridaGuy  Read Replies (3) | Respond to of 27307
 
We still have a long ways to go, my boy. I would think that the Sonus announcement today would help further solidify that these stocks are pure CRAP. This has been the biggest transfer of wealth in world history. The general public get screwed and the fat boys get even fatter. Trillions and Trillions have been lost - $50,000 per American family I have read - yet these Silicon Valley guys whose businesses just performed a whole life-cycle in 3 years are laughing to the bank. It disgusts me...people mindlessly putting into their 401k's as insiders sell the stocks that mutual funds are obligated to buy. Truly pathetic.

This bet wasn't even a bet for me, it was a no-brainer. If you want to look at charts with uptrends, check out a stock like AEM or DROOY - both of which I am heavily long. I venture to say that a gold stock like AEM which is up 75% this year will outperform YHOO over the next two years even though YHOO is so "low".

If you want to understand bubbles amd the consequences of bubbles, I suggest the websites stated below...

prudentbear.com

prudentbear.com

dailyreckoning.com