7/17/07 DOW hits 14,000 >> Now 8700, but BB hobby still thriving ?

[Rich Klein]

Even the CNBC Cheerleaders have the Dow Jones index only going to 10,000;14,000 seems like a pipe dream to them as well

Mark Lewis; yes interesting things have happenned to him in the hobby as well. At one of the Cleveland National Conventions; an overhead watermain or something similar broke and soaked everything on his table.

At least when he produced an pricing magazine; he did not pull a Richie Schwaroch (sic); whose final issue of CCP was not a magazine but a double-sided flyer that included fine words that included "government experiment". If ANYONE still has a copy of that final flyer; I'd love to have a copy.

[joeadcock]

Just an observation of two particular cards, and what has happened to them in the last several months, despite the ECONOMY.

A PSA 9 Mickey Mantle from 1968 went for $1000 flat at last years REA Auction. Same card, a PSA 9 went for $1900 + in an auction about 4 to 6 weeks ago. Huge increase in short time(few months).

I just won the Scoops E107 for over $1700 in recent auction, several hundred more than same card went for end of last year auction.

These are 2 examples(one prewar, one postwar) that have certainly not been affected by the horrendous economic situation.

I cant image how we will reach 14000 again(soon), in the market. Difference here(compared to past), is the massive debt we are accumulating. Dont see how we will recover from this. Money is being spent that does not exist, in INCREDIBLE AMOUNTS. It makes me ill.

Frank L.