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.
Politics : High Tolerance Plasticity
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Think4Yourself who wrote (12226)2/4/2002 9:39:50 PM
From: Warpfactor  Read Replies (2) of 23153
 
JQP,

I suspect that "the street" is orchestrating another panic selloff in the wake of Enron. With the original Enron fallout, we heard "This is just the tip of the iceberg!!" ad nauseum. Now that a few other irregularities have been "uncovered" (ELN, HC, GE, TYC), this has served to add fuel to a fire that had been dying out. Allowing the orchrestrators to spread fear for a few more weeks. "See!!! See!!, we're still at the tip, but just slightly below. 75% of that iceberg is still underwater! Better get out now!!"
Based on market technical indicators, I'd guess that the the panic will soon be over, but has not yet crescendo'ed. The ARMS Index is now +12 trading days after achieving the 1.5 level - the theory being that this panic wave should play out in the next 8 trading days.

Warp
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News