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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: HiSpeed who wrote (55293)	12/2/2001 10:01:44 AM
From: Rande Is	Respond to of 57584

Strange. HS, I answered your question yesterday morning. . .but I do not see my response here today. Oh well. . . I am dumbstruck at the complacency of the Individual Investor to just allow such activities to go on without challenge. Leavitt has been trying to get a voice for the Individual Investor since his days at the SEC, but there is no guarantee that he will succeed. Meanwhile, we allow fiascos like Enron with only a smattering of complaints. . . at what we all see is blatant manipulation of the system. . . once again. We couldn't count the times we have all seen it. And yet, what are we really doing about it? The SEC has proven that it is not going to cross too many lines in its investigations. Congress is in the dark about what goes on on Wall Street each day. The financial media is not about to cut off the hand that feeds it. We know all about what goes on and how things are allowed to continue, but we turn a blind eye. . . . or else we get upset about it yet do nothing. And so it continues. So I continue to be dumbstruck by our complacency, our inaction and our being voiceless on such matters. [Not just with Wall Street, but among a number of issues] If we had a unified voice against such crimes and debacles our "revolution" would have begun [to borrow a thought from John Adams]. But we cannot say that we have been revolting in our hearts for a long time. Because I see no evidence that Individual Investors are doing anything except bending over and taking it. And that is truly a shame. Rande Is