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: pater tenebrarum who wrote (33781)11/19/1999 3:12:00 PM
From: epicure  Read Replies (1) | Respond to of 99985
 
I prefer to call the "fear mongers" realists.



To: pater tenebrarum who wrote (33781)11/19/1999 5:18:00 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
Who Has the Biggest Credit Card?

stls.frb.org

Doesn't look all that different from quote.yahoo.com



To: pater tenebrarum who wrote (33781)11/19/1999 5:41:00 PM
From: Investor2  Respond to of 99985
 
RE: "I 2, on the contrary, whenever the fear-mongers are out in force, the dip is usually buyable."

We agree 100% on that point.

Re: "allow me to point out though that what you so condescendingly call "fear-mongers" are simply people who are well aware that the Nasdaq is the most highly valued stock market of all time, and has now essentially gone parabolic."

That's not at all my definition of "fear-mongers." When I refer to "fear-mongers," I'm referring to the people who have been trumpeting the message of fear after market drops of 10% to 20% or more. And not just now, at record valuations, but as far back as Dow 5400 and before. You know, those people who hit the press with messages of doom and gloom regardless of the level of the market.

RE: Your thoughts on the money supply, Greenspan, relieving financial excesses, the 1929 crash, and the South Sea Bubble.

I am aware of those issues and generally agree with your viewpoints. My awareness of those issues will make me have to think that much harder before buying on the dip. Which all leads back to my point: It is very difficult to buy on the dip. It often involves much thought and internal struggle to overcome the fear that is part of human nature.

Best wishes,

I2