RE: [CANSLIM] Hangover (was OT 7)

From: "Rich Mau" <rmau@earthlink.net>
Subject: RE: [CANSLIM] Hangover (was OT 7)
Date: Tue, 29 Oct 2002 16:13:54 -0800

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I agree with you, particularly about blame.

It would be nice if it were really Greenspan's fault (or the Democrat's
fault or the Republican's fault, or .  .  .).   Then we could just change
that person (or group) and all would be "fixed".  But rather a whole bunch
responsible people (some of which are looking at a computer screen right
now) did things that were ,at least in hindsight, not very wise.

Now we have the morning-after hangover while looking for someone to blame.

Rich

> -----Original Message-----
> From: owner-canslim@lists.xmission.com
> [mailto:owner-canslim@lists.xmission.com]On Behalf Of Mike Gibbons
> Sent: Tuesday, October 29, 2002 2:34 PM
> To: canslim@lists.xmission.com
> Subject: RE: [CANSLIM] OT 7
>
>
> Hi Rich,
.  .  .
> But ultimately, the fault lies with us. We get the government (and
> oversight) we vote for, and if we are foolish enough to buy a stock at 500
> times earnings, because we believe in the greater fool theory,
> then we only
> have ourselves to blame when the bubble bursts. (No one in this group of
> course).
.  .  .
> Mike Gibbons


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