To: Beck_isright
We don't know about you, but we've just got to ask: "What the heck are stock buyers thinking?" Every little comment about the sale of an extra computer or chip or cell phone seems to spark furious rallies. But nobody's stopping to think about the fact that sales are still way down from bubble heights -- or that the supposed "rebound" is likely just a temporary blip. Indeed, investors are reacting to every nugget of tepid news as if it's proof that profit nirvana is just around the corner. They want...no, they NEED to believe. They have to keep believing that the elusive "2nd half recovery" is always around the corner. The have to keep up the act, because they know that they are in to deep to get out and the reality of what is to come is to unsettling to think about. But denial is not a river in Egypt.
11 posted on
08/21/2003 8:16:22 PM PDT by
Orangedog
(Soccer-Moms are the biggest threat to your freedoms and the republic !)
To: Orangedog
"Denial" is what they should rename the Potomac....
12 posted on
08/21/2003 8:20:40 PM PDT by
Beck_isright
(Shenandoah and Blue Ridge will re-emerge as the investment of the 21st Century....)
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