Clown-Free Zone... sorry, no clowns allowed 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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Terry Whitman who wrote (151022)	2/13/2002 12:32:45 PM
From: Tommaso	Read Replies (2) of 436258

It seems funny to be saying the same thing about the S&P and Dow that I was saying about tech stocks 2-3 years ago, but the bearishness of this thread is an infinitesimal blip in a roar of bullishness that persists elsewhere, and the even vaster expanses of mindless complacency about the stock markets. I have long since learned to keep my mouth shut among all my friends and acquaintances, who seem to me to plod along mooing and snorting, confident that somehow all their investments will recover and prosper, running up credit card debt, taking out second mortgages, and buying SUVs. I believe in living well, and I spend as much money as they do, but what I spend is not borrowed money The valuations have to be there to sustain a bull market, and they are not. In 1982 I was not only margined to the limit on a portfolio of closed-end stock funds, but I was buying groceries off of a credit line at the bank (all interest was tax-deductible then). Stocks were a steal. The only thing I see right now that really looks like a steal to me is crude oil.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next