SI
SI
discoversearch

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 : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: clochard who wrote (4216)5/20/1999 8:45:00 PM
From: yard_man  Read Replies (2) | Respond to of 5676
 
>>When a bubble gets as big as this one, there has to be a lot of incoming money to keep it getting bigger. But when it doesn't get bigger, a lot of people will see the risks and pull the plug, leading to a crash.<<

Don't tell that to any of the guys I used to work with -- they just don't get it. 401K's will float the market forever. Everywhere I look I see a bunch of people who are trying to act wealthy -- don't get me wrong -- there has been a lot of people get very wealthy in the last 4 - 8 years, but not everybody who acts like it. There is a huge debt burden out there. Even intelligent people in my own family (alright -- nobody laugh), don't believe it is a bubble.

As Arik says: It will end in tears ...