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.
Non-Tech : The Critical Investing Workshop

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: im a survivor who wrote (10787)4/4/2000 7:53:00 AM
From: lurqer  Read Replies (1) of 35685
 
Opinions Anyone ???

Well here's one, worth about as much as your paying.<gg>

We'll get a bounce this week, maybe today - maybe later. Moreover, very good earnings will over a few weeks timescale, support the bounce.

But a bounce does not a bottom make. One of the things I try <gg> to do is market calls. Two things I watch are money and sentiment. As long as the FMOC doesn't change its mind, interest rates are going to be a problem. As for sentiment, bottoms are characterized by fear. So far, as I saw expressed on another thread, the sentiment is annoyance. You exhibit this yourself when you say

I mean here at or near a bottom, with a soon to be upswing on the horizon ?

I'm not trying to be flip about this or to assume the role of a seer. I'm not and know it. I learned whatever market timing skills I may have in the '70s. A very different market that taught you to be brutally honest with yourself.

My only reason for writing this post is I don't want my fellow porchmates to be suckered by the upcoming relief rally. As I mentioned yesterday, approached properly the volatility can be your ally in getting the portfolio of your dreams. But you have to be careful.

Wishing all the best.

lurking...

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