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.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Neocon who wrote (131536)	3/13/2001 12:16:44 AM
From: rich4eagle	Read Replies (2) \| Respond to of 769667

Neocon, everything you said in your fine post is true. However, Bush has failed to do what is most important when things get tough as they are now. He must have become a huge cheerleader for America and it's great economy and promoted it's strength and promise. Ronald Reagan and Bill Clinton were both good at this, so GWB is failing miserably when needed. As for long term investing the depression last 11 years and the bear market of the seventies actually lasted 10 years. This bear market has all the signs of leading us into another great depression. Only the leaders of the world's biggest economies working together may head it off. So far and very disappointing to me, the current administration is more concerned about sabre rattling than economic well being

To: Neocon who wrote (131536)	3/13/2001 10:00:27 AM
From: Little Joe	Read Replies (1) \| Respond to of 769667

Neocon: "I am a long term investor, I am happy enough to wait things out." Look at historical charts and you will find a flaw in this thinking. If you bought at the top in 1929. It was the 50's before you were even. Over twenty years. Look again at the charts from the highs in (if memory serves me the early sixties) and you will see it took until the eighties to get even. The fact is that in 1982, at the dead bottom of the market things were so bad that when I called my broker to go from mostly cash to mostly stocks, he tried to discourage me. I do not think this bear will be over until that kind of attitude returns and I do not think the recent highs will be matched for quite some time. Little joe