FW: Humble Pie

[Max Sawicky]

> To the tune of Don McLean's "American Pie"
>
> Humble Pie
> ------------------
>
> A long, long week ago
> I can still remember how the market used to make me smile
>
> What I'd do when I had the chance
> Is get myself a cash advance
> And add another tech stock to the pile.
>
> But Alan Greenspan made me shiver
> With every speech that he delivered
>
> Bad news on the rate front
> Still I'd take one more punt
>
> I can't remember if I cried
> When I heard about the CPI
> I lost my fortune and my pride
>
> The day the NASDAQ died
>
>
> So bye-bye to my piece of the pie
> Now I'm gettin' calls for margin
> 'Cause my cash account's dry
>
> It's just two weeks from a new all-time high
> And now we're right back where we were in July
>
> We're right back where we were in July
>
> Did you buy stocks you never heard of?
> QCOM at 150 or above?
> 'Cos George Gilder told you so
>
> Now do you believe in Home Depot?
> Can Wal-Mart save your portfolio?
> And can you teach me what's a P/E ratio?
>
> Well, I know that you were leveraged too
> So you can't just take a long-term view
>
> Your broker shut you down
> No more margin could be found
>
> I never worried on the whole way up
> Buying dot coms from the back of a pickup truck
> But Friday I ran out of luck
>
> It was the day the NAAAASDAQ died
>
>
> I started singin'
> Bye-bye to my piece of the pie
> Now I'm gettin' calls for margin
> 'Cause my cash account's dry
>
> It's just two weeks from a new all-time high
>
> And now we're right back where we were in July
> Yeah we're right back where we were in July

Is it time to get back into CD's??????