Silicon Investor (SI) -- The First Internet Community

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.

Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (1617)	6/23/1999 11:33:00 AM
From: pater tenebrarum	Read Replies (1) \| Respond to of 3543

Auric, great to have you back! i noticed that the Fed's fair value model of the stock market shows the market at it's most overvalued level in a long time. an interesting summer awaits, as reality has a habit of catching up with the model. the inventiveness of analysts regarding "valuation" models for inuts has provided me with many good laughs. you are quite right imo, the craze is over, and many of these companies won't even be memories a year from now. regards, hb

To: Sir Auric Goldfinger who wrote (1617)	6/23/1999 8:50:00 PM
From: wanmore	Respond to of 3543

All this is great from an "investing " point of view but those of us that have "trading" accounts must continue to ride the wave. It doesn't matter if the wave is full of internet stocks, biotech stocks, communication stocks, oil stocks, even on occasion cyclical stocks. For my "investing" account I wholeheartedly agree with your statements and observations. For that accountI atempt to find what I feel are undervalued, lightly traded stocks that may some day be discovered prior to my retirement . I also sprinkle in a few funds(both bond and stock) and keep some cash aside for a buying opportunity. As for my "trading " account (which I'm sure many of us have) I contend that if the short term trend is up, go long. If the short term trend is down, sell short. A short term trend could be intra-day, daily, or even a week or two long. With all that said...has anyone seen the E-Trade commercial where the guy sees his stocks going up fast at work. He runs to the boss and quits but when he goes back to his desk they all fall. The message from E-Trade is "Don't let it go to your head" (that is a paraphrase...I can't remember exactly what it was)