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 : The New Economy and its Winners

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lizzie Tudor who wrote (26635)12/15/2005 2:31:21 PM
From: Rarebird  Read Replies (1) of 57684
 
There are very few people who have a balanced eclectic approach and outlook to investing/trading. Most are married to either a specific approach (ie; Elliot Wave, etc) or specific outlook (ie; secular bear, etc). But it's healthy if you are bullish to read the Bearish threads so you can challenge and question your bullishness. That's what I do. Conversely, when I'm bearish, I primarily read the bullish threads so I can challenge and question my bearishness. I couldn't care less if I'm uncritically attacked for being on the opposite side of the ledger. I'm here to learn, share ideas and maximize profit for myself.

Many of the permabears have overstayed their welcome and are just beating a dead horse here. If they don't change their tune soon, the same fate awaits them as what befell the "new era" bulls at the beginning of the new millenium. Markets, like life, ultimately move forward, not backward. The Bear is merely a moment which is preserved and surpassed within the Bull.

Another big risk here is that the Notheast continues to get a brutal winter and crude oil climbs to $80/bbl by February. That's not likely, but is possible. If that happened, the S@P could fall to 1120.

Some of the Permabears don't believe in "new era" or progress and have never profited from an internet stock. I reckon they are still living in the past.

But I am going to give you the same message that I told the Goldbugs in October 2000:

Message 14665104

High Tech is not dead and will see the light of day again. The NDX has very little sponsorship today. But that will change. When people look back in 2010, they'll see that the Nasdaq 100 at 1700 was a ground floor opportunity.

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