November 25, 1997
(Want to see Old Mail?
 
Regarding Down With the Dow!

Didn't ya just love the "little crash" the world experience this week.I've never seen so many stock analysts about to wet their pants(notice the first part of analyst is anal).It was heartwarming to say the least to have so many fine, highly educated people calming us mere mortals.Never fear they said,this is just a minor setback ,we are not going into a great depression.They reassured us even more by saying,sure look the dow just gained back 100 or some odd points today(never once did they mention the 600 or so lost the days before).I guess they do math a little differently than most people.

Never before was the word economic expert used so much and with such authority.Every second economist was an expert,or a leading expert.Grim faced announcers introduced them as john blow top level economic advisor and leading expert in market analysis.Personally i think they are expert bs artists.

I ask you, where were these experts two days prior calling out the alarm that a minor crash was about to happen?Don't know eh? Thats because these "experts" were just a suprised as everybody else.They never saw it coming.

I guess from now on it will be better to close your eyes and throw darts in order to pick the stocks you should buy.Or even better get that chimp who bet them out in a stock market test to pick them for you.Either way it will probably be a lot safer than trusting the so called experts.

my two cents worth
(mmm how much is that worth now?)
Jim S.

Hey, did you hear that? Someone read Down with the Dow! What a great day! -ed.

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