The market began to tank in MARCH of 2000; NOT in April!
The DEMS allowed the BUBBLE and they actually burst it, when BIG TIME DEM DONERS, who happened to be the rivals of MICROSOFT, got Gore to help them try to bring Gates to his knees, in court. Gates had been more or less apolitical, until that time; he hadn't greased the palms of the Clinton mafia, you see, so they were more than happy to go after him.
People who went Commie during the GREAT DEPRESSION were already left leaners, were at the bottom of the barrel, unlike you, and there is really no comparison between your stocks going down and what happened 60+ years prior to that; NONE!
Did a mean old Capitalist hold a gun to your head and make you buy the stocks you did? Well, did he? You made your own choices and then, when they didn't work out as you thought they would, you blame unknown others! Yep, you ARE a lefty to the core of your being!
Warren Buffet is a faaaaaaaaaaaaaaaaaaaaaaaaaaaaar LEFTY! He's no "god" and while some sing his praises, it's for the same reason you became a moronic GREENIE WEENIE; they made some money!
Oh yes and here's a clue, so you don't have to buy one :THE MARKET GOES UP, THE MARKET GOES DOWN, AND SOMETIMES IT EVEN GOES SIDEWAYS.
Ralph Nader is a fraud! He's a multimillionaire, who plays at looking poor and being "for the little guy". In reality, he owns a posh co-op, has a TON of money in the market, and he made his name, by a stealth, fraud, and lies! The car he went after, had been out of production for something like two years and IIRC, the lemons had been recalled. And THAT is exactly what his MO has been ever since.
You now work on the Street and come here and tell us that you HATE CAPITALISTS? You're a moron and a hypocrite; not to mention not nearly as "intellectual" as some have given you credit for being.
I don't work on Wall Street any more.
As I said in another message, I didn't lose money in the stock market. I broke even. The bubble and the crash just gave me a jittery feeling, as if the market was not a logical thing. I had been reading left-wing stuff before that, but that got me really reading Krugman etc.
The crash did not come as a surprise to me. Reading Peter Lynch, I knew stocks would crash. And I did not lose money - I am not bitter about it. OK, I'm a little unhappy my stocks went up to $70k and I didn't sell at the top. But I didn't lose money.
The crash was not a surprise. The surprise was how looooong the crash was, the recession and so forth. And I do not blame Bush, I really don't. I mean, the stock market crashed before Bush came in. To put it more simply, I do not like the boom/bust cycle.