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

To: Haim R. Branisteanu who wrote (36006)	12/25/1999 1:00:00 PM
From: TraderXx	Read Replies (3) \| Respond to of 99985

<<Speculators, the clueless and plain idiots are now pure financial geniuses until it lasts.>> You know I have been reading this message board for the past 3 months or so and there is no doubt some very interesting insight on the market and its direction. But I have to laugh at most of them because of the overwhelming pessimism and doom that has pervaded this message board for a while. With your comment about those "financial geniuses" who have profited in this market (for the past 15 years or so, I might add) seem to be not as "clueless" as you think. I think if most of those "idiot" investors had listened to your warnings about the upcoming "correction" that has been looming in the minds of many so called "professionals" in the past years, then they would be alot poorer than they are now having missed the best time in history to invest in the stock market. Don't get me wrong though.......there are many companies, like you said, that are overvalued due to the overenthusiasm of this new "Technology" revolution and we will experience pullbacks and corrections along the way. To the extent of a huge correction, that seems to pervade this board from many of its posters, I have to disagree. It is my opinion that we are in the midst of a Technology revolution in comparison to the early century Industrial revolution that people don't seem to understand. This "revolution" will drastically change our lives as we have lived them in the past and these companies (and their valuations) are simply an indication are where we are going into the next century. I don't want to start on a rant because this board is not for such a topic, but still I have to tell you that I'm laughing every time someone posts how negative the signs are and that we are heading for a disaster. I do agree that we will experience a correction but to the degree of the posters here I disagree. I am a position trader so I watch the market every day and determine my strategies accordingly, but I play the market the way it goes. I don't mean any disrespect to some on this board but please.....to label all these "financial geniuses" who have profited so much in the past "idiots" is a little ironic. Don't you think? TraderXx