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To: Lucretius who wrote (74019)11/6/1999 3:58:00 PM
From: Alexander  Read Replies (2) | Respond to of 86076
 
Lucretius Taurus. That is one of the most informative posts I have ever read...You are right on target. What goes up must come down..We have been in a big time Horiffic' Bubble Market
for some time..That is what Alan Greenspan has been trying to tell us..He even went so far as to raise interest rates in a very low inflationary peiod...twice...What that tells us is that the Feds are worried that this bubble market can bring everything down around our ears..The Fed's have set up funding for the banks in such a case, but that will not stop the bleeding if this all comes to a CRASH..This is just what happened in 29' that ended the roaring 20's..what makes us so insulated as to think this cannot happen again..I am very concerned..I am older and have seen much in my time..We may be in for the fall of a lifetime..Are you
familiar with the name Nick Guarino who publishes the Wall Street Underground?? His warning is for the next 24 months..
He gives the second quarter corporate earnings this year.in his latest issue in detail.. what surprised me was the fact that major Corporate earnings were plunging even when sales were up globally. Corporations such as Goodyear is a good example. Earnings plunged 67% when auto sales are at an all time high..yet their profits fell heavily??
Chicquita Banana Earnings plunged 90% with sales falling only 10% This reflects the falling of global Agriculture prices...That is not a good sign..As any good Taurus (May 10) would I have stocked my larder' ;-)



To: Lucretius who wrote (74019)11/7/1999 9:28:00 AM
From: MythMan  Read Replies (1) | Respond to of 86076
 
Why are you doing this?

Anyway, since I'm not reading the sports pages this morning (-ng-)

I was able to determine that nobody thinks the hit on soft stock will be that great, including clowns quoted in the NYT. 10% max with EVERYBODY viewing it as a buying opportunity.

The country appears to be rallying around a stock price. I can't imagine this country did the same thing for Mellon/Morgan/Rockefeller.

I see you attracted Alexander the Small. What happened to Realman the Large? -g-



To: Lucretius who wrote (74019)11/7/1999 6:44:00 PM
From: BGR  Respond to of 86076
 
LT,

It should not be hard to explain to a fellow who believes in investing based on voodoo aka technical indicators and sentiment as to why he loses money hand over fist, but my experience has been that such is not the case. Such is life and I am resigned to that fact that it is better to leave a technician alone when he gets going about his black art.

Now, if choosing O/S's were to become as easy as choosing the color of one's car, it would be a lovely, lovely world. Everyone would then instinctively understand what causes deadlocks and excessive page faults and what speeds up tertiary memory accesses. Salaries of O/S admins would drop to the level of car mechanics. Perhaps, next, we will all have our personal nuclear plants in our backyards for energy generation and electricity vendors would compete based on advertisements as their main business will be to sell nuclear generators.

Sadly, that's not going to be the case. You understand nothing about Operating Systems, my friend. Nothing! They are complex beasts which take a seasoned adminstrator years to master. Trying to explain the relative virtues of different O/S's to the public is like pulling teeth, only worse.

I will leave the rest of the laments from your tortured (but I am not quite touched, sorry) soul unanswered.

-BGR.

PS: By your standard that was indeed a thoughtful and cogent post.