SI
SI
discoversearch

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.
Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: waverider who wrote (58704)8/25/1999 9:48:00 PM
From: yard_man  Read Replies (1) | Respond to of 86076
 
I wonder if they had similar things to say about TV when it first came out ...



To: waverider who wrote (58704)8/25/1999 9:52:00 PM
From: waverider  Read Replies (1) | Respond to of 86076
 
And with all the group think here...this article might be of some help. Come on you guys, lighten up. It's fun to make money the old fashion way...long term investments.

Information taken fom Herb Greenberg (TheStreet.com)

California clinical psychologist Jerome Silverman has written that group think concerning emotions on investment chat boards...

"reflect an additional classic behavioral principle."

Even though he writes about fans of a certain stock it appears to me that what I've been reading here reflects the same condition but the stock in this case is called...THE BIG KAHUNA!

"This has to do with external support for one's pathological condition. If an individual with pathological ideation is surrounded by people who challenge the pathological position there will be a reasonable probability that the position will be re-evaluated, rejected and a healthier one put in place.
"However if the pathological position has external supports -- people who similarly hold that position -- there is often very little chance to have that position re-evaluated, let alone having it modified in a healthier way.
"This is why cults are so powerful an influence on their members. It seems that for many buying a stock is similar to joining a cult. Instead of being investors -- open, alert, considering all information concerning their holding -- they become cultists, cheering the stock in spite of negative data and wanting to kill the messenger who brought it.
"They find cult mates on Internet message boards and in a kind of ritualistic behavior, post wishful predictions like 'up 10% by next month' or 'big takeover coming.' These posts have nothing to do with fact, but by posting them the action itself serves to reassure them and other cultists that all is well and that they have done something in the service of the cult -- e.g. the post and prediction.
"This is similar to primitive peoples who during a drought do a rain dance. It gives them something to do to validate their beliefs and it reaffirms the cultist hope."



To: waverider who wrote (58704)8/25/1999 10:22:00 PM
From: Lucretius  Read Replies (2) | Respond to of 86076
 
LOL!! you're one sick puppy. I hope you stop by and and say hi when this teeter totter implodes..... and then come back later when it continues to grind down after you have doubled down -g-..... if only i could see the look on your face.... HO HO HO.... arrogance goeth before a fall.. or crash as it may be in this case -g-

timely.com

you still don't get it do ya? you're a total fool and you've been handed this great windfall out of pure luck.... but you greedy SOB, you want more!.. LOL!! when this thing goes, i will not shed a tear for the fools caught in it. you deserve what you get.