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.

Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: The Verve who wrote (96617)	4/2/2001 6:53:45 PM
From: waverider	Read Replies (4) \| Respond to of 152472

Verve the possibility of a prolonged bear market is becoming closer to reality with every lay off notice and Cisco router being sold in after market/dotcom garage sales for $500. The market is making a very clear signal here and it would be prudent to pay attention. When this has happened to individual issues (prolonged downtrends) it has been a signal to get the hell out. I keep hearing folks say things like certain stocks can't go to zero and reciting the ltb&h mantra. Well, single digits are not far off for many issues of former leaders (zero as far as I am concerned) and history is clear about the ltb&h thing...IF WE LOOK. Promoters of this strategy point to the last 10 years or some other prolonged bull market and completely ignore the majority of flatline to downtrends that have dominated the US markets for the last 125 years. Yes the market goes up over the long haul...obviously...but WHAT MARKET? WHAT STOCK? AND WHEN? There have been periods when over 10-20 years NOTHING HAPPENED. That was why people used to care about dividends. From what I can see what we experienced from 1997-2000 was a classic, once in a generation market bubble...and it is now over...the bubble part. From here on out, until the final bull is wiped out, we will suffer the slow and painful downtrend that has followed every mania in the past. And yes I think it could last more years than most current investors are willing to consider. Ten years? Maybe, I dunno. But it is a possibility people need to consider. I started investing in a short mutual fund some time ago and remain in cash otherwise. My strategy is to take advantage of a secular bear market that I feel will last for quite some time. What I'm waiting for now is the debt bubble to bust. THEN I might consider going long again. <H>

To: The Verve who wrote (96617)	4/2/2001 7:48:05 PM
From: deth8	Respond to of 152472

No, Vegas Slots and Stocks are always a fun game. Just the sureness of the win is becoming obscure. For example I shorted my beloved the other day. Got scared after winning on that bet. After today I am wishing I had done it again. Still need to keep my head about me and look for a good play. Thinking we might bounce back some tomorrow but it feels to risky still to jump back in for an upper. You can lose your rear in day trading I have always chatted, but it seems the only way to make anything to me this last year and a half. -dEth8