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.
Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill Harmond who wrote (14739)10/14/1998 1:33:00 AM
From: Michael Collings  Read Replies (1) of 27307
 
William:

Are you really still long in this market???? Are you not watching what is happening in our credit markets???? There is a MAJOR liquidity crisis in the debt markets right now and people are still buying stocks?

Is everyone so brain dead that they are not even aware of the risks they are taking? I urge you all to start reading about what is happening in the world AND in this country. This is capital preservation time guys and gals. Stocks, ALL stocks, are very risky business in this climate. Liquidity crisis is very serious stuff. And its here in our debt markets NOW. Stocks follow bonds. If you think you can jump out of stocks during a liquidity crunch in the market, you may have a very painful lesson to learn. Because buyers simply walk away. And sellers are very very plentiful. Get cautious during times like these. Buying the dips will prove very unprofitable.

But for your own sake, please start reading about what is going on in the world. I am sure this sounds doom and gloom, but sometimes reality isn't so optimistic. I haven't a clue how bad a recession we will have, but I do know what liquidity crisis means and that is huge losses.

When the market begins the next leg down, it won't matter what yahoo's growth rate is or how many hits per day it has.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext