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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: SteveP who wrote (63444)	6/29/1999 1:35:00 PM
From: Freedom Fighter	Read Replies (2) \| Respond to of 132070

Steve, I think one of the things about the last few years that generates a lot of emotion is that much of the bull market has been built on shameless spin, reckless promotion, borderline lies, corporate deception, questionable actions by the Fed, and general greed and self interest by those that stand to gain from the inflow of public capital into the market. As a result, some of those who have exhibited our least desirable qualities have been rewarded the most in the short term. Yet the ultimate price to be paid for all this will most likely fall straight on the shoulders of the least informed, middle class sheep. Basically, the sooner it blows up the better for them and the rest of us. Wayne

To: SteveP who wrote (63444)	6/29/1999 2:21:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 132070

steve, mike is frustrated w/ the nonsense that is the market and he exhibits it with a sense of humor. albeit, a very weird sense of humor ;-) he's just talkin' smack, imho... but there is much truth in what he says. i own puts, but i don't think i want a bk. not sure my puts could pay off my house... -ng-

To: SteveP who wrote (63444)	6/29/1999 4:06:00 PM
From: Mike M2	Read Replies (1) \| Respond to of 132070

Steve, the phrase tough love and HO HO HO comes from da Grim aka Bateman who used to taunt the forever bears on the MU thread - I think he is funny. With respect to my extremely bearish outlook -I just call it like I see it I can't make the market do what I want to or think it should. I study market history and recognize the fact that history repeats or at least it rhymes. The biggest booms are followed by the biggest busts - a simple historical fact. Everytime new era talk or it's different this time becomes vogue the market has reached a top of historic proportions. The public has been set up for a shearing by those who should know better but choose to keep the orgy going allowing greater excesses to build resulting in a longer and more severe bust. The bears have gone to great lengths to make their case and educate those who are willing to learn but to little avail. I encounter many highly educated people who cannot think independently and prefer to be part of the crowd. When the bears are proven right there will be some feeling of satisfaction for being able to foresee the collapse of one of history's biggest bubbles -I think that is a natural human emotion not some sadistic bent. If I could abolish death and poverty I would. Mike