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: ChrisJP who wrote (65826)5/11/2002 11:55:38 AM
From: LTK007  Read Replies (2) of 99280
 
<That means about one eighth of the money in the market back in 2000 every day is in the market today.> reversals like that Chris can last for years. Buffet and Greenspan and others who study market psychology point out when the public in the main turns from trust the market to don't trust the market, that shift can lock in for many years.
Greenspan as stated it is the single most powerful dynamic in the market, historically.
That is why you have period of years where stocks can sell well below fair value.Why? Populace for one reason or another has formed a view "no stocks for me, there too dangerous, and only the crooks make money".
The 1/8 is not a good sign, imo, as that could well be revealing the shift in the public attitude. Max
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext