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.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Matthew L. Jones who wrote (30055)10/15/1999 8:40:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
Matt, i'm with you on the conspiracy and paranoia...i don't trust government and the 'big boys' one bit. this time though i believe they would want to avoid a crash...yes, they would like to buy stocks cheap, but the mountain of derivatives makes this a risky adventure. the incessant admonishments directed at the average investor 'not to panic', to 'buy and hold', etc. are designed to avert such a calamity. however, all it takes is for the public to suddenly change it's mind as it did in '29. on the weekend before the actual crash the 'professionals' in the form of bankers, brokers and economists all promised a wave of buying would ensue on Monday, as the economy was fundamentally sound, corporate profits at record highs, etc.
but the rot had already set in, and somehow the man in the street decided not to believe the assurances anymore.

have a great weekend too,

regards,

hb