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.
Strategies & Market Trends : Rande Is . . . HOME

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: velociraptor_ who wrote (49128)3/15/2001 2:24:19 PM
From: J D B  Read Replies (1) of 57584
 
Velo, my thoughts on the "cash is gone" issue: It appears that not only is the cash gone, but so are many of the people who were spending it in the markets! In my opinion, most of the people that have exited have done so because they're out of investing money - they were the "greater fools" at the top of the pyramid - they were the people that the stock speculators were selling to. Without those "greater fools" in the market with their foolish cash paying too much for equities, it's going to be very hard for the markets to see valuations like we have before, and it's probably going to be hard to retain the valuations we currently have.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext