Booms, Busts, and Recoveries 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 : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rolla Coasta who wrote (1677)	1/6/2001 12:20:02 AM
From: Erik T	Read Replies (1) of 74559

FEAR will drive the stock market in tailspin.... GO BUY STOCKS NOW!!! How about... "Go buy stocks after the tailspin"? I still think there is substantial downside ahead. Most people I know have moved from extremely bullish, to the attitude of "I guess I will just hold on and hope it goes back up." For many investors all the recent carnage has only brought their portfolios back to October 1999 levels and hope remains. Once they start seeing more potential losses ahead, this misplaced(?) hope may drive them to sellers as the fear of losing it all sets in. There needs to be a big panic-selling move down, followed by a relatively long period of consolidation at a significantly lower level before I think stocks can rally in a meaningful way. That is when I would prefer to get back in, at the point when people hate U.S. equities. Erik

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next