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To: marginmike who wrote (175414)6/26/2002 8:25:39 AM
From: Earlie  Read Replies (1) | Respond to of 436258
 
MM:

Completely agree.

Mind you,yesterday was awesome at this end, and I will take additional profits early today on the MU short taken out late yesterday, so no complaints.

On another topic, even the most perfunctory of scans across the web of late provides a terrifying picture of devastated small investors. I ache for these folk, but the damage has been done and some very ugly dies have been cast. The implications of this ongoing "hollowing out" of the average investor are truly terrifying, as in the end, it is the aggregated sum of his investment bucks that power our ability to finance growth and expansion. It has never been easy to raise capital for startups, which are the new plantings in our economic garden that replace the older plants that die off every fall. As this implosion continues, it will become darned near impossible.

Best Earlie