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.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (109299)	10/1/2000 10:12:07 PM
From: GST	Respond to of 164684

Glenn: "Everytime there is a market downturn the world economy is coming to an end from your point of view." The world may or may not be coming to an end -- meaning the world of the bull run we have enjoyed for some time. But the fact is, the risk is there and it is real. It was priced into the market in September for the reasons I suggested at that time, and it will continue to get priced into the market in what promises to be a choppy October. The DOW had its worst September in 10 years, the S&P had its worst September in 20 years, and the Nasdaq had its worst September in its existence -- and Septembers are not good on average anyway, so to be the worst says something. If the bull is dying, the market can go much, much, much lower. If it is not dying it can stabilize and slowly work its way higher. The case for raising cash was compelling at the beginning of September. It will continue to be a smart idea until we see how much damage is done -- and that will take another month. Going forward fully invested right now is simply to choose to close your eyes to the risk that the market is telling you is there -- but of course each to their own.