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 : Stock Attack II - A Complete Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Teresa Lo who wrote (15791)8/19/2001 10:06:39 AM
From: Rarebird  Read Replies (1) of 52237
 
<What are they waiting for? An invitation?>

The vast majority of investors have been trained by the financial media and their mutual fund advisers to dollar cost average each month in the stock market in order to become rich when they reach retirement age. The conventional wisdom is that it takes 6-9 months for an economic recovery to begin once Fed Easing takes hold. So, I think there is still a lot of hope around for better times ahead.

I think your psychological analysis is valid in a Bull Market, where a " Wall Of Worry" is overcome. What I see, on the other hand, is a Bear Market, filled with the "Slippery Slope of Hope," that business conditions will improve, while all the fundamentals point to lower lows. Hope, along with greed, are very powerful emotions. It's not easy for people to give up hope that the stock market will recover in a few years. I'm not saying that there won't be cyclical bull rallies along the way. But I think that we are in a secular bear market here, which will last at least till the second half of this decade.

I think Ford's earnings warning on Friday was quite significant. These markets were informed that the consumer is now cutting back on spending in a big way.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News