SI
SI
discoversearch

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.
Strategies & Market Trends : Frog Investing on SI - No Pennies/BB's Please

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Louis Cornell who wrote (151)12/5/1999 8:51:00 PM
From: Patricia Meaney  Read Replies (2) of 155
 
There are a lot of over valued stocks out there now. I have heard the arguments for a market crash for three years now. You have to remember that the market is much different now than when it was in 1987. I worked downtown Manhattan a couple of blocks away from Wall Street back then. I can remember the buz going on when the market plummeted - that was all everyone and anyone was talking about. The difference between then and now? I'd say that about three quarters of my co-workers weren't even invested in the stock market back then. Would that be the scenario today? No way. Everyone and their brother is somehow invested whether through mutuals or online investing. This is what I keep telling myself - whether it has any bearing or not, I just can't see that many people all panic selling. I know what you are thinking - the crash of the 20's? Weren't most of those investors on margin?

Anyhow, I wouldn't be surprised if we get another tech and internet correction.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext