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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (10700)	11/9/1998 9:23:00 AM
From: kahunabear	Respond to of 86076

It is obvious to me that investors (gamblers/suckers ?) these days do not want to see the truth. It can go on as long as there is another marginal buyer who believes this stuff. I am constantly amazed at how many of those there are. With 24 stock infomercials like CNBS it is easy to find new recruits. But like any such scheme it will eventually play out. I just love it when they come on and say something like "Find out if this rally is for real and stocks will go higher from here. We will will ask John Q. Fundmanger from BlahBlah Growth Fund what he thinks." Give me a break. Like there is any growth stock fund manager out there that doesn't want to see stocks go higher. This is usually followed by a few brokerage analysts to close the deal. Last time I checked brokers are successful when stocks go up. It is a constant stock advertising blitz and I think this has as much to do with the overextended bull as anything. WS