Ask Michael Burke 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.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Fred B. who wrote (60015)	5/20/1999 1:57:00 PM
From: Freedom Fighter	Read Replies (2) of 132070

Fred, What you are missing is that the bears see unsustainable conditions working to produce the favorable results that the bulls keep cheerleading. Anyone can say "up" and "growth" and be right the vast majority of the time. It is an understanding of the true values and economic conditions that will keep the bears alive when the bust comes. In the mean time there are many bears in this thread that are making a lot of money despite their view. Count me among them. We will see how the bulls make out when the bust comes. Many if not most bears admit to being unable to predict the exact time at which the excesses will reach the breaking point or what the pin might be and when it will show up. There are too many human actions and players involved that make it unpredictable. The difference between the bulls and the bears is that the bulls explain away the excesses with data and interpretations that are generally refutable or nonsense. They also completely ignore all the irrefutable data that suggests this is an unsustainable bubble. That's why most of public is going to get financially buried. They are listening to the bullish nonsense. Wayne

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next