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: KyrosL who wrote (37493)1/14/2000 4:37:00 PM
From: pater tenebrarum  Respond to of 99985
 
Kyros, the problem is that when a bubble bursts, the baby gets thrown out with the bathwater. i am well aware that there are some compelling values in the market, i own some of them after all. there hasn't been a bear market for so long, that people tend to forget that cheap stocks can get even cheaper if and when one hits. your argumentation is based on logic - the market is not. if it were, the bubble in the sectors you mention wouldn't have come into existence in the first place. you must not forget that once the crowded trades begin to unwind, it will be a headlong rush to the exits, with scant regard for value. of course, stocks that have already gone down anywhere between 50 to 90% will probably suffer less than the high flyers. but the damage overall will likely be big enough to be keenly felt by the average 'investor'. trust me, there will be a hunt for scapegoats.