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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (5584)	6/4/1999 9:45:00 AM
From: Lars	Respond to of 15132

Kirk, >>> Probably be more commercials showing how "traders" make money while us buy n hold or market-timers are chumps in comparison. >>> It will be so much fun to see what takes place when the tide rolls out. Lars' latest sign of a market that is out of control: Babs is day trading for Donna Karan. What a joke! I am absolutely blown away by what I am seeing. There is going to be some serious pain when this comes to an end. I know of a situation where a person put almost their total savings in an internet company along with some margin money. They got checked as the kids like to say today. Now they own shares which are around 40% off their high and the person doesn't want to sell "because it will come back." We are talking six figure damage here. I can't believe the mania. I have another friend, who I basically begged to get out of one of these internuts, who had 7 figures in one internut after putting only around $30,000 into the damn thing in the last 2 years. He refused and laughed at me while saying "...this one is going to double from here by 2000." This account has lost close to half its value. I have to stop....I think I want to throw up. I hope for their sake the internuts make another run and they get out. I actually think we have another stretch of complete euphoria for this sector.