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Investing on the bubble
SF Chronicle ^ | 7-15-02 | Carolyn Lochhead

Posted on 07/15/2002 5:33:12 AM PDT by Oldeconomybuyer

Edited on 04/13/2004 2:40:34 AM PDT by Jim Robinson. [history]

'TWAS THE QUARTER before the crash, three years ago. The Nasdaq was climbing off the charts, and a Washington economist -- Sen. John McCain's top economic adviser in the Arizona Republican's presidential campaign -- co- authored a book called "Dow: 36,000."


(Excerpt) Read more at sfgate.com ...


TOPICS: Business/Economy; Culture/Society; Miscellaneous; News/Current Events; Politics/Elections; US: Arizona; US: California
KEYWORDS: boxer; bubble; daytrading; decadeofgreed; dow; investing; lockbox; mccain; nasdaq; silconvalley; stocks

1 posted on 07/15/2002 5:33:13 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer
"lead people to focus on what is legal instead of what is right," turning honesty into a legal technicality

Somewhat summarizes the Clinton years

2 posted on 07/15/2002 5:38:46 AM PDT by 2banana
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To: Oldeconomybuyer
I knew it was time to sell when that idiotic "Dow 36,000" came out. Sure glad I did.
3 posted on 07/15/2002 5:57:15 AM PDT by Stefan Stackhouse
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To: Oldeconomybuyer
btttt
4 posted on 07/15/2002 6:00:45 AM PDT by dennisw
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Bear market may last years
E.S. BROWNING, The Wall Street Journal
(07-15) 05:51 PDT (AP) -- Many investors thought the bear market finally ended late last year, when stock indexes staged a powerful recovery after the terrorist attacks. From late September through March, the Dow Jones Industrial Av...
5 posted on 07/15/2002 6:06:10 AM PDT by Oldeconomybuyer
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To: Stefan Stackhouse
The corolary is that the time to buy is when you start hearing "the sky is falling", or "there is no bottom" or some other such nonsense.

Just my .02

6 posted on 07/15/2002 7:19:33 AM PDT by taxcontrol
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