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.
Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?
YHOO 52.580.0%Jun 26 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: EL KABONG!!! who wrote (3503)7/10/2002 12:17:54 AM
From: Mad2  Read Replies (1) of 3543
 
I still greatly fear panic-selling, even though it now looks more and more like there exists counter-forces to panic-selling that might prevent that from happening. We'll see, I guess. However, the bottom line is that cash is currently king, and looks like it will remain so for the coming years
I think your going to be proven to be correct, uneasy feeling about the market. many elements pointing to continued trend downward.
main on thought is valuations (and buy side analyst assumptions) still too rosey. need some value oriented bargan hunters to get this thing turned around.
Of course volatility and short term opportunities will exist, but it isn't the time to dump money in with the assumption it'll grow.....bulls dead for a while.
mad2
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext