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: AllansAlias who wrote (42206)	11/29/2000 9:00:46 PM
From: pater tenebrarum	Read Replies (2) \| Respond to of 436258

actually i DON't believe it will be all that tough to trade. IF a multi-year trading range a la Nikkei is established that is. what if we get a 30's style wipe-out? don't say 'impossible'. i give it a 3% chance, arbitrarily. the biggest probability i assign to the Nikkei type trading range (say between 1,800 - 2500 for instance), and then there's a small possibility that this was wave 4 (BIG wave 4) and a failed fifth will be put in before the grinder starts.

To: AllansAlias who wrote (42206)	11/29/2000 9:50:00 PM
From: Perspective	Read Replies (1) \| Respond to of 436258

Yes, we may have to check ourselves into some sort of post-partem program or something. I think those of us on this thread ('cept maybe Luc <g>) will come out of this retaining an important advantage over the injured clowns - we will be alert for the signs of the liquidity trap engaging, and expecting a decade or more of no net progress in stock prices. Oh, and we'll have a second advantage, too - our large piles of cash with which to relieve the clowns of their worthless certificates! If things play out like all other bubbles, we'll see a decent bull pop up very soon, and many people will buy it, hook, line, and sinker. We'll be expecting it to be a trap, and that's a huge advantage. Sometimes it really does pay to be a skeptic. BC