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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (37200)	12/4/2000 3:13:48 PM
From: horsegirl48	Read Replies (1) \| Respond to of 42787

Donald I dont think the extreme fear will be here soon, I feel we have a maybe a year or so to go till we see some kind of bottom, maybe longer. The economy will not come back tommorow even if the election is over and the rates r changed. I think will take some time to heal, but again I wonder if there will be any bear rallys maybe even for a few days, that can be tradeable? HG4 I'm glad you lunch was good, what did you eat?

To: donald sew who wrote (37200)	12/4/2000 4:32:44 PM
From: ru2	Read Replies (1) \| Respond to of 42787

Sounds like a peak is developing overthere to me. ############################################################ Actually if I correctly understood the real estate people I have spoken to over the last year, the peak has just past. A year ago a 2 million dollar home would go on the market and a dozen people would bid it up until someone paid 2.1 or 2.2 million. In the summer 4 or 5 people would bid it up but not quite so high. Now, no one is bidding things up. Houses are selling for what they list. So, actually they have gone down, yet perhaps the real estate agents could say prices have not gone down and be technically correct. The peak of the panic buying has past. I was getting a bite to eat near on of my favorite surf spots looking at some charts a couple of weeks ago and a guy was looking over my shoulder and laughed and told me I should'nt buy that stock. I told him I was thinking of shorting the stock. He laughed and said that would be the only way to make money on it. Turns out he was the CFO for the company and he had just quit that week because his stock options were worthless. He said the company was having severe brain drain because a lot of the talent was leaving for the same reason. I don't know how well Silicon Valley represents the sentiment of most stock holders. In Silicon Valley a lot have people been making lot's of money for quite a while now. They thought they were immune to a bad economy. Many are nervous now, some are still sure that a recession will stop at the county line. There is a whole lot of denial of how bad it could get IMHO. I think for real serious fear and panic to set in in Silicon Valley area, the grinch will have to steal Christmas and people are going to have to feel like bag holders because their 2 million dollar home they paid 2.2 million for won't sell for 1.8 million. BWDIK Ru2