Guidance and Visibility 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 : Guidance and Visibility

AAPL 272.55

-0.1%

Nov 14 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: golfnut777 who wrote (17692)	9/21/2001 5:21:33 PM
From: yard_man	Read Replies (3) of 208838

complete and utter nonsense, friend -- you blame the wrong parties. Short-selling doesn't drive the market down -- it is longs selling. Would be nice if it were true -- Shorts stem the fall as they cover. T he problem is not the bust, but the bubble and the lack of oversight by the policymakers. Once the bubble got out of control a bust as inevitable. They kept interest rates arbitrarily low and money growing at absurd rates for years ... In 98 we could have started a corrective process. Now some want to blame shorts who saw this and positioned capital accordingly? Nuts ... The tragedy simply accelerated what was already happening. How far had the Nasdaq dropped from its peak before last Tuesday? I am bullish on America, but her financial markets have been built on a deceit that appealed to the greed in so many. We are economically poorer than before this great bull market started because the markets have not been allowed to work matching needs and wants with production. Shareholder wealth maximization at any price was institutionalized at the highest places in our government. This is simply the result of that. This was the fantasy that kept a crook in the white house when he should have been removed. Don't blame those who "didn't believe" in something for nothing. What were people thinking when the price of stocks on the Naz doubled within the space of a few months leading up to Jan 01?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next