Waiting for the big Kahuna 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.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: wanmore who wrote (46774)	4/10/2000 11:27:00 PM
From: Rob S.	Read Replies (1) of 94695

Very interesting . . . Today's volume was lower than you might expect for a day the NAZ declines 5.8%. I wonder what that means. Maybe some of the momentum players are taking money off the table and walking away from their terminals for a while. The market has come to expect that after 2-3 days of a down turn that a new round of buying will come in to propel the market still higher. I have a theory that a lot of the frothy ness is caused by the large number of people who now invest over the Internet. And a lot of that is investment by crowd mentality - like a lynch mod or fans of a rock group; everyone is caught up in what everyone else is doing and too giddy to realistically ask themselves "does this all make sense?". My theory is that when summer arrives that a lot of this frothy ness will leave the market and go sit by the pool or stroll the greens at the golf course. A lot of money will come off the table and stay off and the high P/E stocks will plummet.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next