[Baseball Bob]

All this talk reminds me of 1999. Anyone remember when the "new economy" Internet stocks were going to replace boring old blue chip stocks? When the market was rising exponentially, and tech stock P/Es were in the 50-100 range? Well, any card made post 1975 is a "new economy" product. The price is rising due principally due to speculation, greed and irrationality, rather than value based on economic fundamentals. The supply of Jordan rookies is nearly unlimited - how many dozens or even hundreds more will be found in dresser drawers, attics and safe deposit boxes in the next ten years? Tons. How many Gehrigs? Very, very few.
Folks, does'nt anyone recall what happened to the NASDAQ in 2002? That's where Jordan rookies are headed. The crash is coming. Oversupply craters a market. Period. Liquidity ends when the speculators run for the exits. They will, and they own the market, just like on Wall Street. They don't get screwed. It's the exuberant little guys who bite the big one.
Just a cheery thought on a Wednesday evening!