The Millennium Crash Message Board

STOCKTALK

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 Millennium Crash

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MythMan who wrote (4149)	5/6/1999 6:54:00 PM
From: clochard	Read Replies (1) of 5676

Higher oil prices add to inflation and take away profits. The bull market is about to end, as it must sooner or later. The reason why bulls are full of shit: The public are always bullish because they only know to go long. Buy low and sell high. Except they sell too late. The average joe wouldn't even know how to sell part of his 401k portfolio. The TV bulls (Peter Lynch, Abby Cohen, Ralph Acompora) are always bullish and never bearish for obvious reasons: They make their living by selling stock to the public. The market averages are mathematical lies which are easily seen and believed by the public because they are numbers which keep getting higher and higher. Even publications like Investor's Business Daily use logarithmic scales which fool people by hiding the exponential (and hence unsustainable) rise in the averages. The market's rise is simply more and more money chasing the same stocks. The public doesn't realize this and will suffer for it.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next