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Pastimes : I AM A MINDLESS ZOMBIE -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (3)8/14/2002 2:27:37 AM
From: EL KABONG!!!  Read Replies (1) | Respond to of 258
 
DAK,

Too bad they didn't realize it WAS a bubble, until it was too late... of course if they did, they're wouldn't have been one. SOME had the foresight of course, and they benefit from the mindless zombies.

Probably not true. Most people knew it was a bubble. It was discussed in the press for years. The perma-bears repeated the bubble story time and time again. Average, every day investors discussed the bubble at length on various message boards. Anyone who wanted the information regarding a bubble could have easily found it.

No, 'twas greed that did the people in. People, whether small investors or institutional investors or professional money managers, were greedy as could be. Everyone, from the lowest paid civil servant to the high and mighty "smart money" thought they could get out in time with their profits. Not!!!!

KJC