Jaime, LG, Donald, Les, stockoperator, Gersh and all the gurus,
I have previously stated that I am in an unique position here, almost that of an observer. What I admire the most is openmindedness, willing to swing with the tide. Recent example is stockoperator, probably the strongest bull here, has soften the bullish tone substantially. Furthermore, aside from a few stragglers, all back up their current opinions with excellent data.
My current observation is the thread has once again turned bearish. What different this time is the tone. I sense more confusion than usual. This is very disturbing because I don't know whether this is just a brief period of indecision in the market or prelude to some catastrophic event?
I see all the etrade, ameritrade ads on TV and they are scary. While they are using bartenders, office boys, housewifes, in the commercials, the facts remain that many of the waiters and busboys at the restaurants I frequent do have online accounts. This is in addition to the normal professional friends such as the lawyers and doctors who are also trading.
There are lots of talk about this new paradigm. I, for one, am still wondering what it really means.
Ramsey |