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: valueminded who wrote (44911)1/29/1999 8:33:00 AM
From: Mike M2  Read Replies (3) of 132070
 
Chris, the problem is the bears have underestimated the power of this mania. The bears have done a good job of forecasting economic fundamentals but there is an unprecedented disconnect from economic reality. Everything is about positive spin- management wants to keep cashing in their stock options. Wall St keeps raking it in as long as the bull is alive much of what the public reads comes from analysts who work for Wall St firms. The government loves the increase in tax receipts from capital gains. The crowd is greed stricken and will not change its behaviour until it gets hurt badly. We are playing a confidence game the market may go on until it reaches the point of exhaustion- the point at which the money flows can no longer advance the market. Mike
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