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Technology Stocks : Network Appliance
NTAP 111.90+1.3%Dec 19 9:30 AM EST
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To: Uncle Frank who wrote (7838)4/13/2001 9:43:36 PM
From: kas1  Read Replies (1) of 10934
 
OT meta-ramblings
I think their orientation is a reflection of their philosophy on life, and I refuse to adopt a nihilistic outlook.

Being nihilistic about the market doesn't necessitate being nihilistic about life. Imputing "meaning" and "purpose" to financial markets -- as many do, especially LTBH types -- is just plain silly.

But I don't take "nihilistic" to mean perma-bears. Being a perma-bear is, by definition, not nihilistic, because it adheres to a permanent, coherent (allegedly so) ideology. When I say nihilistic about the markets, I mean disbelieving the common conceptions that the stock market was put in place to make you wealthy, or create a new affluent class, or make Progress march forward, or some such thing.
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