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.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: BRANDYBGOOD who wrote (62822)	9/23/1999 3:29:00 PM
From: Autumn Henry	Read Replies (1) \| Respond to of 120523

Gates has done this before too I think.....tends to tank alot of the market (esp. at a vulnerable time) ...it makes anyone feel "stupid" to be long---so you get "shame" and then the market starts falling and then that perpetuates the decline cause then fear starts and "maybe they are right" thoughts from masses, plus loss of profits from the longs.....then if it goes too far we get into margin calls, etc.... "Shaming" on TV is very powerful too. AOL went down from the top when they started a couple of days on CNBC from loving it and commenting on it going up to saying "it was worth like 7 dow companies now in market cap, etc (paraphrasing).in other words like mocking or making the whole thing absurd".....I said to my son, oh, oh, they are making fun of it on TV now.....watch out this thing is going to fall cause now it is "too embarrassing" to hold.....and say you bought it "here"..... When someone tells me about a good P/E etc....I always say, yeah, yeah, yeah.....but is the stock FAVORED right now? Is the sector favored? Someone I know (he says he is "conservative" proudly) recently lost his buns in a stock cause they were related to the airline industry even with good P/E etc.....okay earnings etc.....I said yes, but that industry is "disfavored" right now???....We all know about stock market guilt with association... and so it can often go...when a stock is disfavored (like AOL has been for some time...like a pariah)...it doesn't matter what it does the market says "so what".....but when a stock is favored sometimes even a little thing gives it a whooppe cushion response... So when MSFT says tech is too high.....well, that adds fuel to the fire of "fear" which is 300% more effective (stocks go down 300% faster) than the fire of "greed"... the gospel according to a stock trader survivor...:))) A. p.s. I learned a long time ago to not "judge" too much whether someone "should have done that" per se but instead ask....."then in my experience, have I seen this type of thing before? what happened? are the conditions similar? How can I make money on this by making some good trades? What am I looking for now?? Because now, the "game" might be changed......and I look to always obey the market....I find it is a more lucrative and fluid approach ...:)