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 : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: DaYooper who wrote (32644)	9/30/2000 1:28:44 PM
From: Seeker of Truth	Respond to of 54805

It's a small nuance, of course, but I think it colours our attitudes when we use "is rising" or "is falling". This is quite correct for, let's say bodies falling because of gravity, or tennis balls rising because they were hit upwards. There's a justified implication of has fallen and must fall further or has risen and must rise further. The market, however, reverses course in a femtosecond. Some pundit downgrades or upgrades a prominent stock, unexpected good or bad news is announced etc. So the stock market "has fallen" is more accurate, IMHO. The main point here is that the appearance of our portfolio is a pair of two entities, the price and the outlook. Other things being equal the higher the price the poorer the outlook and the lower the price the better the outlook. So is it really correct to say that the stocks look weaker when we only consider the price? As gorilla gamers, we don't ask whether we should get out or not. We ask when is the time to use any new money we have. That should depend directly on the strength of the outlook and inversely on the "strength" of the prices. Admittedly some rises reflect genuine good news and some falls reflect genuine bad news but most only reflect moods.