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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (40213)1/6/2001 11:08:36 PM
From: Lee Lichterman III  Read Replies (2) | Respond to of 42787
 
You aren't the first to ask that question. On the Welcome to SI thread, it was asked point blank to SI admin and they just ignored the question. I guess if you have enough bookmarks, you are entitled to certain perks. SI's problem with our site was that we have a bulletin board so it is viewed as competition despite them having hundreds of thousands of members and us only having a thousand or so and only about a hundred of those bother to register to post rather than just lurk.

Dukecrow, I tried to find it but it is lost in the bowels of our site somewhere. I had an article about how Greenspan in the 70s spoke about the mistakes of the past which allowed the bust cycles to occur and how if he was Fed Chairman, he thought he would be able to flood the economy with liquidity to delay the inevitable Kondrapov ( spelling?) cycle. He then admitted that eventually the cycle would still result in a crash and by delaying it, he would only make the resulting crash even more severe. Little did he know that he would actually become the Fed chairman when he said that. While I do think he is a very intelligent and competent man, I can't get over the scary possibility that we are all just mice in his experiment to see if he can really pull it off just to satisfy his own curiousity. Kind of like killing people off to try and find out the meaning of life before your time comes.

William Hueb over on the Kahuna thread has some interesting charts on his site this weekend. He shows the volatility of the NYSE is over historical peak levels and has an overlay showing how these readings usually result in a severe drop in the markets. If it does sell off hard, I just hope it stays concentrated in the old economy stuff, I have some longs in tech I carried over the weekend. -GULP-

Good Luck,

Lee