Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Kip518 who wrote (5616)	3/27/1998 9:27:00 AM
From: Joey Two-Cents	Respond to of 18691

In 87 you had mostly investors now you grandmothers, college students, soccer moms who will be in for a rude awakening. Can't you picture some 50 year old soccer mom waving her 401K statement at a Senate hearing and telling the world how she lost most of her money in the market. "Nobody told me it can go down. How can I pay for my sons education?". Then we'll have 20/20 doing reports on money managers living in million dollar penthouses, eating filet mingon getting paid millions while the charge you 3% to manage your money. Everyone thinks it's all right to take 3% when the money manager make 20% on your money. But let the money manages take 3% when they're losing 20% and there'll be hell to pay.

To: Kip518 who wrote (5616)	3/27/1998 9:28:00 AM
From: Franco Battista	Read Replies (1) \| Respond to of 18691

Kip518, I also would prefer that the market not crash since that would make losers of us all and probably send us in a recession. However, with US in denial of reality and the boastful cockiness that is rampant, this seems to be where we are heading. Every time a hurdle of insanity is crossed, a new more insane hurdle is set and sold to the public. The race to the cliff is accelerating with greed acting as fuel, blind to all the warning signs on the way. Sounds like the Titanic.... Joe.