To: Cary Salsberg who wrote (10463 ) 7/18/2002 11:35:48 AM From: Jim Willie CB Read Replies (1) | Respond to of 10921 yes, making money since March, and yes angry as hell at the stupidity and illiteracy and naivete of sheep continually burned, and repeatedly return for more losses gullible towards press & media reports esp the totally idiotic and consistently wrong economic reports how many years will the sheep eagerly await the 2nd Half Recovery? my guess is around 4 years I have shaken several friends by the shoulders in the last 3-4 months perhaps 30 friends and associates and acquaintances only 2-3 heed the warnings now they are downtrodden, confused, with growing in despair they talk of lost pensions, never retiring, inability to pay for kids in college a few have lost jobs, a few have given up looking for jobs our leaders are not managing businesses and economies they are managing bubbles investors are essentially deer stuck in headlights some actually say there is nothing they can do as if they dont control their $100-500K worth of 401ks as if they dont control their own mutual funds one friend actually said his broker kept stopping her from selling at my sports club, many gathered as moaned about never being able to retire my anger is in response to perceived helplessness people are not helpless but can make decisions I bristle at the crimes committed by Wall Street brokerage houses, corporate boardrooms, and elsewhere it is 95% unprosecuted a dangerous period for investors is about to get even more dangerous every once in a while, I step onto old threads I used to tread chipequips are a leading sector typically I make my message, take a few insults, leave, drop by another, do the same, then leave in a month I usually drop by and hear their pain, mention some new dire signals, get ignored, then leave call me a fool who tries with little success to warn I am glad Paul Revere's warnings were heeded / jim