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.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: MrGreenJeans who wrote (12231)3/5/2000 9:59:00 PM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 15132
 
MGJ: "Markets are not measured in minutes, hours or days,(maybe that is the old way of thinking), but in weeks and months."

People had better study some bear markets to get a feel for what happens and how long it can take. Did people really think it would take but a few weeks to go get a bottom in the market if this were a bear? If this is a bear, it may well take a long time to top out and bottom out. Patience is the key. The DOW and the S & P 500 are in downtrends currently. Counter-trend rallies can be common in bear markets. We are in one now. The Russell 2000 stocks are propping up the Wilshire 5000. The Naz is in parabolic land now.

Re: "I sense a lot of disappointment on this board in the past few weeks."

Yeah, what you really see are some people who miss the action and thrill at being in hot-hot Naz market. The rush of seeing your stock run up on an analyst sneeze. The feeling of thinking you are smart for picking a stock that has run up 100% in a matter of weeks for no good reason. Well, I must ask them what has kept them from joining the party once again? Bob is not stopping you. He has not locked up your money. What is stopping you? There is a place at the table for anyone who wants to continue playing in the Naz Casino.