SI
SI
discoversearch

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 : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Kanetsu who wrote (49329)3/18/2001 2:13:29 PM
From: prophet_often  Respond to of 57584
 
While I agree with you almost 100% Kanetsu, and I have never yet put anyone on ignore, you and AS are now both on my ignore list. Your off-topic political discussions, personal attacks and condescending attitude are disturbing. American Spirit's approach to investing most likely deserves to be on a different thread or maybe he should start his own thread. Someday, AS will be right, but if I followed his strategy as a short-term trader, I would be broke right now, instead of trading the trend in the proper direction and preserving capital for the next bull market, whenever that may be.

Kanetsu, I really don't find your posts contribute much value to the discussions here. For that matter, I don't really feel that I have contributed much since early last year. I, like many others have been forced into daytrading by the markets and posting daytrades is kind of pointless to me. Rande, is without question, the best swing trader I have ever known, and his hybrid trading methods were wildly successful in the late stages of the bull market. Mark Konrad is an outstanding position trader but in the wrong type of market right now. MK's trading last spring thru summer on the bounce off the lows was nothing short of spectacular. More recently, moufassa is one of the better daytraders I have seen. There are many more great traders on this board. All of these traders records, including AS are permanently etched in cyberspace (or at least on SI's servers <g>)

What is it you have contributed to this board, Kanetsu? Since I, as well as you, don't feel I can contribute much to the thread right now, I am done posting to this thread and will continue lurking, but thanks to the ignore feature, I won't be seeing your messages.

Prophet Often



To: Kanetsu who wrote (49329)3/18/2001 2:26:31 PM
From: American Spirit  Read Replies (2) | Respond to of 57584
 
Trust me I would love to see us with a strong President now, dem or repub. Personally I much preferred McCain and still do. But I just get a queasy feeling whenever Bush speaks now. He's really like the frat jock who's been voted Class President because he was the richest and most popular. But intellectually I worry if he can comprehend or if he really cares deep down. Maybe he will grow into the job and lean on the right advisors but if tax cuts are all we hear about it's not going to help the markets one bit. He needs to inspire truthfully, champion US industry and high-tech, re-assure us credibly and not repeat the same old spin we heard on the campaign trail. Or maybe he truly believes that a tax cut will cure our ills like Jack Kemp does. Keep in mind though the tax cut doesn't get going for 3-4 years and depends on enormous surpluses far into the future which probably won't exist and may cause future deficit problems. That's the main reason I think he's out of touch with reality right now. "Rome is burning" and Bush is fiddling away with the same old political agenda. Maybe you admire the guy because you're a party loyalist and preferred him to Gore but I just get the feeling there's no one at the wheel. Am I off base? Anyone else sense that? We get statements from the administration which sound strong but whenever GW opens his mouth I get the feeling he just doesn't get it. Why can't he admit we probably won't have those surpluses? Because he can't back down on his unrealistic campaign promises? (yes, both sides made them)

I also heard the GOP boast that Bush has been a business owner and knows a lot about it. Sure. He squandered 400 million of his dad's friends money on a belly-up oil company, sold his stock right before the bad earnings warning then got a free ride with the Texas Rangers working mostly as a "name". Not exactly one to inspire confidence.

We need Greenspan to fill that void. And quickly. But if he doesn't then we are adrift. I really am worried about all this pessimism and confusion. And it's not just for the sake of my own stocks. All of our business plans will be impacted for the next four years if we don't have stronger leadership with the right priorities. Recessions and oversold markets are partly due to paralyses caused by insecurity, confusion, change and fear. So courage and unity is what we all need as a nation and our leaders need to give us that by seeing things realistically. We also need campaign finance reform. Though it can never be perfect, that alone will instill a lot of new confidence in the system. I won't attack Bush anymore because his flaws are obvious and he's the only one we've got, but you have to admit he should be playing a more important leadership role in getting these markets settled. Problem is, his agenda may be contrary to what we really need, and he may have no idea what to say or do about it. A little scary.

PS - I'm not a liberal. I'm a hybrid. Like more and more people these days. Pure liberals or conservatives are throwbacks now and getting rarer contrary to popular myth. Also Nader was right about one thing. The two-party system and the divisiveness it causes just stinks. I have a feeling that going forward there will be more and more political independents demanding reforms. Real problem is it costs 100 million to run for president. Otherwise McCain might be in the White House now.