In a message dated 9/28/2007 6:48:21 P.M. Eastern Daylight Time, jkorb@... writes:
Maybe I'm full of it, or worrysome, or whining, whatever.
"But time will tell, of prices that fell,a short short time ago....."
No, I think your point is valid, Jerry. The same thing happened about 10 or 15 years ago when rich Arabs started a run on French wine futures. They dove the market out of site. It made buying great first growth wines nearly unaffordable for most people.
I was astonished that it went for this much. But hey, my friend paid a pretty high price for the 4-Track a while back. He felt really good about that today. We were going to bid on it. We did, up to 3600 or so but we knew that it was going to go high. We figured about 7500.00.
So we all suffer and we all benefit, depending on who "we" are.
Somebody fell for it.