Wall Street-Hindenburg

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At what Stage of the"SOFT LANDING",do You think,we are???

-- Never Guess (Slim@last.com), February 24, 2000

Answers

Dunno, except that's one helluva field of tulips...

Anyone know how to reconcile the DJ/S+P with the Nasdaq (at another alltime high yesterday). Is money leaving the market, or just being moved out of oldfashioned stocks and into e-tulips?

Those who fail to learn the lessons of history are doomed to repeat it.

History never repeats, but it often rhymes.

The Hindenburg didn't crash because it was full of hydrogen. It crashed because it was painted with rocket fuel. I'll leave it to you whether that's an irrelevant fact or a subtle allegory.

-- Nigel (nra@maxwell.ph.kcl.ac.uk), February 24, 2000.


What goes up must come down! A tired cliche, true nonetheless.

-- canthappen (n@ysayer.com), February 24, 2000.

Cliches become "tired" because they are true so much of the time.

Captain, I believe we have the landing mast at Lakehurst in sight...

-- I'm Here, I'm There (I'm Everywhere@so.beware), February 24, 2000.


For the MAJORITY of stock owners that open up the financial section of their newspapers this morning it will be like any other day since April of 1998. Their stocks will be down again.

The Nasdaq was up almost 4% yesterday while there were only 200 more stocks up than down in the composite. This had to set a record. These stats are just plain ugly.

Ray

-- Ray (ray@totacc.com), February 24, 2000.


It appears to me that if you have been in any of the blue chips and other stocks that have historically been priced per their P/E ratios you have been losing money for months now. Only bubble.com continues to climb. It will be interesting to see how high it can go before it runs out of oxygen! I got out in July of '98. Was primarily in mutuals, over $300k and I have kept my portfolio on the computer. As of yesterday I had lost $22k. I am still primarily in a cash position with some buying of 3 month T Bills. I want to be there to pick up the pieces of the companies that are REAL and have earning. I think that Amazon and Plug are the most ridiculous stocks anyone could buy. Its now operating like the penny stock mkt and anyone who has played that game knows its not too profitable. Taz

-- Taz (Tassi123@aol.com), February 24, 2000.


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