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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.08+0.1%Nov 7 9:30 AM EST
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To: bambs who wrote (35385)5/10/2000 8:21:00 PM
From: Monty Lenard  Read Replies (1) of 77397
 
Hello Bambs, it is sad!

There are a many people being destroyed financially because they read only bullish comments by people who are not old enough to have ever experienced a bear market. I would venture to say that 90% of the people who are so bullish on these stocks do not have a clue how brutal a real bear market can be. In fact, most of the brokers and fund managers don't have a clue either.

Now as far as posting a bearish thought on these bull only threads can be dangerous. These people are like cults. I honestly believe some would commit murder. GG

The other problem is that they will cry to the teacher and there is definitely a double standard on SI. SI does not like bearish comments on bullish threads ... I guess it is bad for business.

The thing about bear markets is that your #6 comment occurs often enough to keep their hopes alive only to see it go lower on the next step down. They really should just turn their charts upside down right now and it will be much easier to see. Anyway, some of the strongest rallies occur in bear markets. Anyone that doubts that need only look at the OS sector charts of about a year ago.

Just like in a bull market, when one misses an upmove, they hope for a pull back so they can get in ... the pullback occurs but never quite enough so that they feel comfortable buying. The bear works just reverse. Been there done all of it at one time or another.

Monty

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