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

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lucretius who wrote (93835)	4/13/2001 12:38:30 PM
From: Andrew G.	Read Replies (1) of 436258

Lucretius: both you and Bill are correct simultaneously. Let me explain: As you know, sentiment is based on wishful thinking. It doesn't matter that the facts show the economy sickening and debts rising. What matters most is that the Mufu's work with the Houses and financial media on building an artificial sense of 'bottoming'. At no time were they ever suggesting people stay out of stocks. Their livelihood depends on things like 401k's and IRA's getting pumped with weekly 'dollar cost averaging' flow. It appears that when they move the funds into equities and out of bonds or short positions they are making a statement that fuels the retail market. They can milk this with automated programmed trading as long as there is a convergence of opinion about bottoming. When that dissipates or reaches an undetermined threshold the profit-taking will automatically come into play. The markets are presently decoupling from fundamentals. The worst sectors are getting the greatest appreciation of value. If this isn't bottoming, it's at least as*-wiping.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next