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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: Berney who wrote (9172)	3/5/2001 8:47:04 AM
From: Jurgen Trautmann	Read Replies (1) \| Respond to of 11051

Some very personal thoughts about bear-markets Like TB wrote: "the bear can be fun too". I agree - with "little" remarks: - this bear has beaten your economy hardly yet; if you/we do not figure out how to break the trend we'll face a true catastrophe. If we will get a real crash you will not be happy for the next few years - with or without money. - when you ride the trading-range, you're stabilizing the downtrend. At the bottom-line you're keeping the market away from falling in a bounce, at the top-line you're breaking every rescue-try. Like a lot of risky and unsocial strategies as the bank-game (press markets, go long with the underlying and sell short calls) as the range-riding are working in a market like this and are absolutely legal - let me remember you that also feeding cows with waste of cadavers was/is legal & successful, producing of personal mines or uran-munition is legal and successful, genocid in Palestina or Serbia was/is legal and successful for the involved industry. However, I'm a old man and sometimes I asked if just my economical success is enough compensation for a possible damage on thousends of so called human beings in my environment. Like every meat-producers actually subsumes that no person in his family will get sick with MCD so you, PK (btw: like AG!) do not care workless people as long as you don't know any of them personally. However, like with every "global" risk nobody can be sure when and if he, his friends or his family will be beaten too. IMO it wouldn't be impossible to find at least comparably strong alternatives to desastreous strategies in quite every example. IMO a lot of desastreous actors don't primarly act due to their profit but due to a beast-like fun when they destroy their environment. As I said, just very personal thoughts.