Apocalypse a Myth Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Apocalypse a Myth

Public Reply Prvt Reply Mark as Last Read File

Next 10PreviousNext

To: ALTERN8 who wrote ()	12/1/1999 6:22:00 PM
From: William Peavey	Read Replies (1) of 2

Altern8, <<Which stocks are more likely to take a Y2K hit depends mostly on the kind of investors that would buy that stock. >> I submit that all investors act the same, taken as a group. Due to crowd psychology, the principles of greed and fear affect most investors in very similar ways. Thus the market participants act like a crowd, and if they get enough signals that all is not right, panic will spread. When in doubt get out. That creates a self-fulfilling prophecy, and the exits get mighty crowded when someone yells fire in a theater. Stocks go down much faster than they go up! I fear a decline would be broadly based. Accur8Bill

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Next 10PreviousNext