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.
Politics : Ask Michael Burke
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ilaine who wrote (38322)12/6/1998 5:44:00 PM
From: Skeeter Bug  Read Replies (1) of 132070
 
cb, the concept is that over the long term, the market is rational. i don't think many would argue that short term movements are rational at all. however, now we get to argue over what long and short actually mean ;-)

i think the market will be rational over the longer term and that is why i buy puts. i reduce risk by buying smaller amounts out of the money b/c i know that long can often turn to longer.

btw, was it rational for the nikkei to trade at 39k ten years prior to getting 15k for it? the markets are supposed to discount uncertainty not reward it.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News