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 : Zeev's Turnips - No Politics

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LTK007 who wrote (41134)3/15/2002 1:24:47 PM
From: Dave Gore  Read Replies (3) of 99280
 
I don't believe ANYONE can predict the Market. If any of us could, we would not be on SI making posts because we would have long been retired on a beach in the South Pacific somewhere after making the easiest money in the history of America. I am sure you know what I mean:

Shorting PCLN at 100, YHOO at 250, and take your pick on anything else a couple years back.

If we couldn't take advantage of that bubble why would you believe ANYONE posting here can predict far more subtle market moves?

You know what I mean? There are way too many variables. All we can do is watch support/resistance levels, pick reasonably valued stocks for our "long" watchlists (or overvalued bubble stocks for our short watchlist), and measure market sentiment after analyzing the news on the economy, terrorist developments, etc.

No need to get worked up about what might happen. Zeev, me, you, no one knows.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext