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: Box-By-The-Riviera™ who wrote (75395)	3/5/2001 8:23:14 AM
From: AllansAlias	Read Replies (2) \| Respond to of 436258

Joel, I hear ya. I have the opposite problem these days. Back in the late Spring I was known as a sort of madman (all in good taste you understand -- "Oh, Allan is losing his mind again this year. He's so cute." -g) here in my village and among my colleagues in the greater hinterland. Now, with the onset on a little TL I am getting calls asking my advice. I always say the same thing: "I really don't know which way things are headed here and I am not an expert. Look at yourself and why you are calling somebody who made one good call -- do your own study. Still, I do think it is a great time to at least step aside for awhile." I had 3 calls alone when NT imploded the first time this fall: "Seems awfully cheap. Should I buy the dip here?" I had the same number of calls about it after the most recent implosion, all stating they wanted to or were indeed buying the dip on NT. When people ask me for advice these days, I take the opportunity to remind myself that humility is an essential trader's tool and this naturally leads me to avoid firm or cocky answers. Cheers. Allan

To: Box-By-The-Riviera™ who wrote (75395)	3/5/2001 8:42:48 AM
From: marginmike	Read Replies (2) \| Respond to of 436258

Joel Ive had that debate a million times, with some very bright people. However they refuse to accept the reality of the situation. The best response I get is the old 98 tagline that at 4.8% why would any one buy bonds, when IN THE LONG TERM STOCKS ALWAYS OUTPERFORM. HOHOHO Went long a litlle on friday will sell into any bounce, I am more spooked then ever and dont even want to trade the long side.

To: Box-By-The-Riviera™ who wrote (75395)	3/5/2001 8:50:23 AM
From: Earlie	Read Replies (1) \| Respond to of 436258

Joel: Good comments. So far, whenever I commence a similar "diatribe" about the madness of the current market and the need to exit, I get the "glazed eyeballs" response. Or eyes rolled to the ceiling..... "here he goes again" response. Or the "I don't want to here this doom and gloom stuff" response. Or the "well what does one do with one's money then" response. Or the "Well, I'm in it for the long haul" response. ETC. So far, Joe hasn't come to grips with his deteriorating "investments", with the exception of cutting back on his manic borrowing/buying. Best, Earlie

To: Box-By-The-Riviera™ who wrote (75395)	3/5/2001 10:00:22 AM
From: Tunica Albuginea	Respond to of 436258

Joel Gander, your poor conversation results with the doctor. That is par for the course. You picked the wrong guy to talk to. Doctors though America are generally totally clue less about the Economy. The typical doctor in America..... thinks there is a machine in Washington that prints checks. They and the hospital write the check, send it to Washington and get money back. Think that it is the moral duty of Washington to do that. Think that all patients' health comes above any and all considerations.If the country goes bankrupt in the process so be it.That is not their problem. Few/none are aware that Medicare is paid by current contributors.i.e., that whatever current seniors contributed is all already gone.i.e. that Medicare spending is all debt and debt financing. think that people should be kept alive regardless of the fact that tthe best scientific evidence indicates that they are about to die in a few days, or weeks, regardless of what is done to them, ( there are a few exceptions ). They will pile test on test on test upon them , and of course bill handsomely for it. ( There are some exceptions ). Docs are not concerned about, balanced budgets, paying down debt, giving folks money back, etc etc. * In fact, docs in the US are now changing from being previously mostly Republicans to being mostly Democrats. Message 11730075 That is why your discussion failed last night: You where talking to a Democrat.Throw reality out the door.Welcome LaLa land. Docs' lala land spending , with higher energy costs , will help bust the Nasdaq IMHO TA