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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: pezz who wrote (3394)5/3/2001 11:09:52 AM
From: Ilaine  Read Replies (1) | Respond to of 74559
 
>>In spite of layoffs the unemployment rate is near record lows.<<

Jobless data isn't as benign as you assert - and as usual us bears seem to know in advance things that take everyone else by surprise. Why? My guess is that permabulls suffer from lack of foresight - a tool that can't be taught. Nothing wrong with optimism - but sometimes the light at the end of the tunnel really is an incoming train.-ng-

Not that I am calling you a permabull - I don't really know you. It's an observation on market behavior.

"Fools rush in where angels fear to tread."

siliconinvestor.com

Subject 50782



To: pezz who wrote (3394)5/3/2001 11:11:03 AM
From: jim black  Read Replies (1) | Respond to of 74559
 
Good luck, Pezz...somehow I am getting a dejas vu from some of your arguments. If the Mideast states
start demanding their payments in gold (Saddam the little camel boy has already done that) then we DO
have banks here who are short gold positions of huge magnitude, well...those banks might not be just
fine after all.
As an aside, and eschewing ANY presumption of being ANYTHING akin to a thread police I do offer
a personal observation that before some of the newcomers arrived there was certain higher level
of civility that added attraction to this excellent thread. Am I the only one who is disappointed to see
the level of discourse degenerate to some name calling, rather than well thought point counter point debate?
Now anyone who takes that as anything but a humble call to civility is simply trying to pick a fight I don't want.
End of rant...and my comments are inclusive of anyone to whom they might possibly apply, old and new.
I will bet a share of CMGI (which I deem worthless, hence not committing to high stakes) that if the level of
dialogue were to degenerate further we will lose folks like Jay Chen who will get bored, 'nough said.
jim black



To: pezz who wrote (3394)5/3/2001 11:30:19 PM
From: westpacific  Read Replies (4) | Respond to of 74559
 
Pezz - the next 10 years most Americans will be lucky if they do 5% a year in the stock market.

And do not believe me - that is a direct quote from the Buffett man. And do I love him.

I just invested in a fund that locks in my capital for 8 years but gives me a 12.5% return. Safe, secure within a major European organization.

It is these kind of deals folks should be shopping for right now.

Play the market but you had better diversify or get left in the dust.