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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Jordan who wrote (34136)	10/3/2000 8:29:51 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 50167

Hi Jeff, You didn't ramble one bit... you wrote a wonderfully articulate and visceral post that speaks directly to our fears and our wishes, to all of ours.....<g> these markets always go from one extreme to another... they become over bought and then become over sold... for these markets, there is no happy medium, only raw or burnt.....<g> I don't think we'll crash... I don't think the world will come to an end or spin out of control into a death spiral... not at all...<g> this downward move in the market is only a temporary pull back, albeit of somewhat larger proportions perhaps..... even a one day pull back in a bull rally is a bear trend for that day..... I'm not even thinking that these markets are going to crash, but I do remember that on October 19, 1987 when the DOW fell 508 points that the low that day was the bottom and the beginning of a new bull market..... if it rained every day, we would be living on a planet without dry land... and if it never rained then all the land would be a desert... we need both sun and rain, rallies and sell offs, the ebb and flow... these are the cycles of life itself... I think that a cool head will always prevail and patience is always the key..... well now you have me rambling.... I guess it's easy to ramble when we feel comfortable among friends..... My Best Regards, GZ

To: Jeff Jordan who wrote (34136)	10/3/2000 8:48:40 PM
From: jfhh	Read Replies (1) \| Respond to of 50167

Hey Jeff, It's good to see you back today, I've missed your 'chatter' <vbg>. This has been frustrating for everybody. At this point I almost consider myself lucky to be preoccupied with the day job. I went to cash a couple of weeks ago. Twice I put in multitudes of gtc orders to buy at ridiculously low prices and shrieked it horror when they executed LOL!!!! I sold them and set up new orders and spent half a day yesterday canceling. I cannot hit a bottom but I don't want to be a buyer on the way down in this environment. Speaking of environment, I'll be missing the debates due to work. My fear is that of the small percentage of people that do watch them, 95% of that population will have already made up their mind, unwilling to change. Since I don't trade every day, I can only look at my results this year and the trend in front of me. I have lost all ability to even discuss this market now. Valuation, volatility, manipulation, politics. To me, the reference point keeps changing, usually just about the time I think I am mastering a concept. Well, if stocks were being recommended six months ago as a value, what are they now at 50% off? Why is everyone running away from them? Why am I selling them? I don't have any answers, but I value your posts and others on SI. Hope to get to 'talk' to you soon. John Hagelman

To: Jeff Jordan who wrote (34136)	10/4/2000 12:32:07 AM
From: nokomis	Respond to of 50167

way to rally the troops Jeff...excellent post from your gut (and ours) ..think all it boils down to is the beginning of the quarter and junior fund managers doing their thing. ..not to over simplify of course, but it all has to do with the bonus paycheck, IMO. Trouble is, we "in the know" traders are making it more difficult for the juniors, onth over month and so now I think they're into dirty pool...otherwise known as flush-out. ..hang tight..sooner than later they'll be tripping over themselves over greed on the upside too...