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 : MDA - Market Direction Analysis
SPY 665.67-0.9%Nov 17 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bobby beara who wrote (44811)4/3/2000 11:29:00 PM
From: Gary Sanders  Read Replies (1) of 99985
 
Unfortunately, I know more about software than finances and I don't have the nimbleness to trade as you appear to. I agree with everything that you said in your email & agree with most of what Fleckenstien says (http://www.siliconinvestor.com/insight/contrarian/). I think that there is a huge bubble, that the market is behaving irrationally, and that there will be a day of reckoning. Unfortunately, I got burned playing the market as I feel that it should behave vs. how it is behaving.

Kind of ironic that the ones who don't make rational sense & understand how ridiculous valuations currently are - like Abbey Cohen, Joe Battataglia & J6P - are the ones who have been making money. It is unfortunate that there are J6P types will be wiped out when the inevitable pop of the bubble occurs. Reminds me of when I was in college working at a supermarket & a number of people that I worked with got all excited about gold when it was "the" places to put your money. They all bought at the top at around $700 - $800 or so & had terrible losses. Their excitement and attitude towards gold at that point was exactly the attitude I hear from "investors" now.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext