The Mudcat Café TM
Thread #17044   Message #216566
Posted By: Snuffy
23-Apr-00 - 01:18 PM
Thread Name: Lyr Add: American Pie (+ program notes)
Subject: RE: American Pie
I found this in the financial pages of the "Guardian" newspaper last week.

HUMBLE PIE

(An email doing the City rounds)

A long, long week ago
I can still rememeber how the market made 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
But 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?
'Cause 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 just can't 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 Naaaaasdaq died

Istarted singing
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

VRH

Wassail! V