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.
Technology Stocks : JDS Uniphase (JDSU)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Master (Hijacked) who wrote (8961)4/16/2000 1:02:00 AM
From: brightness00  Read Replies (1) of 24042
 
Not having a tight circuit breaker sometimes is good. 700 points on the DOW is really not that big of a deal, only equivalent to about 200 points on the NASDAQ. Some markets like Tokyo has 700 points limit on individual issues that value into 20-30k. What happens is that a washout would take weeks, if not months to play out. Given that statisticly markets rise over time, slowing down the paces only reduces your annualized long term return. Panic selling is good; people will eventually learn it's a folly trying to find the absolute bottom. Buying opportunities pass by so fast, it's ridiculous to think you can sell a portfolio now and pick them up piece by piece at better prices later. After a few times, people will figure out they just have to step up to the plate when they deem the price acceptable.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News