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: bill meehan who wrote (93207)	4/11/2001 9:32:44 PM
From: timers	Read Replies (1) \| Respond to of 436258

I think the dow goes below 5000 easily and that The Bottom is many years away.

To: bill meehan who wrote (93207)	4/11/2001 10:19:11 PM
From: Dr. Jeff	Read Replies (2) \| Respond to of 436258

I think you're WAYYYYYYYY too early to be getting long! This is far from over and stocks are NOT cheap by any measure. Hint: This isn't a bull market anymore! It's a mean, angry bear that's gonna discredit all the things that worked on the way up, but will fail miserably on the way down. Put to call, Arms index, blah blah blah. No one seems to realize the Economic damage from the bursting Dot-Com bubble is actually yet to be felt by most people since they are still in DENIAL!!!!! It's a LONG WAY down........IMHO

To: bill meehan who wrote (93207)	4/11/2001 10:32:54 PM
From: Joan Osland Graffius	Read Replies (1) \| Respond to of 436258

bill, Why do you think this economy will be able to circumvent the results of what all other credit bubbles in history have experienced, i.e. a secular bear market. The debt load: corporate, government, and consumer has to be resolved one way or another which is detrimental to this market. Joan

To: bill meehan who wrote (93207)	4/11/2001 10:40:21 PM
From: Roads End	Read Replies (1) \| Respond to of 436258

You should qualify your calls with time frames. I have noticed you have changed your call now for the third time this year. IMO the lack of this key variable is the universal loop hole. I also have no doubt you will be right without it.

To: bill meehan who wrote (93207)	4/11/2001 10:58:45 PM
From: XBrit	Read Replies (1) \| Respond to of 436258

<<I do think that many stocks, and, most likely the major market measures, have hit THE BOTTOM>> Do you mean by that that we have now started a whole new full-scale bull market? If so, I am amazed that you can come to that conclusion. Do you disbelieve the ECRI prediction that we are heading into a real, no-screwing-around recession? Do you believe we can get through a real recession with no significant pullback in the non-tech part of the SP500 from its bubble-inflated all-time high? Ex-tech, the rest of the market has hardly dropped at all, you know that right? Please respond, I'm really surprised by your statement. Disclosure: short DIA in size.

To: bill meehan who wrote (93207)	4/11/2001 11:54:51 PM
From: Shack	Read Replies (2) \| Respond to of 436258

Thanks for responding Bill, you have some street cred 'round here or you'd be punted for this clownspeak!<vbg> One thing that puzzle me is that you say things will be fine and dandy "same as it ever was". Do you disregard the secular bear markets of the past that have gone on for years (i.e. 1966-1982)? I agree that in the longest time frame, markets go up (so far anyways <g>), but are you now denying the possibility of a rut in the road? Or do you just think that time has not come yet? I have an open mind Bill, but I just don't see us suddenly reversing gears here. I think many companies would agree with me given the 600,000 people laid off in the last year. I actually hope you're right but I am not betting on it.

To: bill meehan who wrote (93207)	4/12/2001 2:50:44 AM
From: chic_hearne	Respond to of 436258

have hit THE BOTTOM You serious? Remember that first 1/3 of ORCL at $33? And no, that MSFT at $52 was, well, no explanation, but there will be hell to pay there one day.... I don't disagree that POSSIBLY the end of 2002 could be the bottom of the ECONOMY, but I think it's foolish to think the market is anywhere near the bottom. The best advice is to get the hell out of the way of the coming train. For now, I have. But I'm no expert, just don't know what the hell to do and ain't no hero.....