Re: STOCKS: An unnerving thought

From: Emlyn (pentacle) (pentacle@enternet.com.au)
Date: Sun Apr 16 2000 - 06:28:08 MDT


Albania?

Emlyn

> I had a similar image the other day, but more closely related to the
actual
> subject. I imagined this incredible pyramid scheme, with everybody
putting
> money in and hoping desperately to be able to guess when it would
collapse -
> better than the rest of the suckers. Then, when the pyramid starts
quaking,
> they see that there's another one to jump to that's still going up. But
> they quickly drive that one to the limit as well, so they then jump back
to
> get in on the bargains in the first one. Problem is that there isn't much
> new money available from anywhere, so this oscillation is just a predictor
> of the imminent general collapse.
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