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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Andrew G. who wrote (90625)4/5/2001 6:08:44 PM
From: pater tenebrarum  Read Replies (2) of 436258
 
well, as has been stated here before, the market is now in the hands of amateurs...which is demonstrated by the fact that it does indeed react, and often violently so, to 'news'.

all these things you enumerate may well contribute to further declines, as triggers...but imo the market is price wise still so far away from the reality it purportedly represents, that my 'closed system' theory continues to apply, until the market is priced moderately, i.e. near its historic mean p/e.

until then we're trading pokemon cards, not stocks.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext