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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Bull RidaH who wrote (38561)	11/17/2000 3:41:54 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

<< That also assumes you can hold your permabear resolve through such a stirring rally, and not be overwhelmed by the coming blitzkrieg of bullish propaganda.>> C'mon BullRidah, your talking to the battle-scarred Viet Cong of beardom here. If we made it through all the bullsh*t that's been thrown our way between March and now, you don't think we can hang on untill the (undoubtedly) horrendous earnings coming up next quarter? If you think we have new highs coming in the Dow, the NYA and the SPX before they crash, well, you're wrong, IMO... That said, the picture of boats with Stern up in the air and keel's cracking wide open is a pretty one indeed! Got life boats?<G>

To: Bull RidaH who wrote (38561)	11/17/2000 3:42:58 PM
From: LLCF	Respond to of 436258

< I have sided with those who disagree with that theory, and await this Titantic poking its ass-end high up in the air... > Nice analogy... IMO the 'ass end' was the i-net bubble... look at the breadth of the market and it looks like we've actually been in a bear for a year and 1/2 or so. Just my opinion.... By the way... I know of only ONE permabear over here as far as I know... I showed up in March [as luck would have it] and there are many new faces here since then. DAK

To: Bull RidaH who wrote (38561)	11/17/2000 3:58:14 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 436258

oh, i'm prepared to switch sides quickly if need be...in fact, i'm using strong down days to pick up fallen angels selectively. however, propaganda alone won't do it...only if money supply growth re-accelerates will the market reverse substantially. the question is if that will happen or not. i'm not advising anyone to do anything, least of all buy puts...everybody must know for himself what they're doing. agree that the NYSE has held up well throughout this. and an argument could be made that it will probably lead whatever rally develops from the lows. BUT the bullish consensus is still way too high...money managers have their most bullish, and most fully invested stance in over 6 years. AAII just had one of its worst bull/bear readings EVER last week...Investors Intelligence has 51% bulls, also in the upper range for this survey. we'd need to see a real puking, one where money isn't just shifted around, but people trying to get out of EVERYTHING at ANY price. that's the kind of bottom i'd buy with both hands. by that time i would expect the record short position in the spoos by the commercials to have reversed to a big long position - a precondition for every major bottom for the past 15 years.