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: westpacific who wrote (6373)	7/28/2001 11:49:24 PM
From: Maurice Winn	Read Replies (1) of 74559

<Believe me, we wish the market and the leaders that got us here in the first place never even happened> WP, the dot.com bubble was created by the people who bought the shares. They should blame nobody but themselves. Just as I blame nobody but me for my silly decision that Globalstar would change their marketing strategy when it became obvious they would fail with their high-priced strategy and that they would do that before the arrival of the stock market crunch I had been expecting for a couple of years. I was wrong. It was my fault. Theoretically it was the management's fault, but investors are where the buck stops and it's our job to know what madness managers will get up to - including the Alan Green$pans of the world. NZ markets are NOT in massive valuation bubbles. Neither is the Nikkei [a more important centre of productivity]. The Dow is reasonably valued in a low interest rate environment at 22 P:E [more or less]. My part of the globe is going along just fine thanks. In fact, exports have been booming. New Zealand is going to lead the world out of the economic worries. NZ a small metaphysical economic powerhouse. I sit here at the margin and swing the world around at the tips of my fingers, a day in advance, by moving money, buying, selling and ranting! Jay comes swinging in not too many hours later. He too is working to stabilize the system and get it back onto a sound economic footing. There are swarms of us, all up-to-the-minute, unlike the old days before cyberspace. Hordes and hordes of investors adjusting and smoothing, speculating and investing. The economy is like Gulliver in Lilliput - monstrous, but tied down by thousands of tiny ropes and little people. Mqurice

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next