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.

Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: velociraptor_ who wrote (22625)	5/13/2001 10:19:15 PM
From: pressboxjr	Read Replies (1) \| Respond to of 37746

Velo, a supreme effort on your part, but why do you even bother when these people have no freakin clue what's going on? Just let them figure it out themselves down the road.

To: velociraptor_ who wrote (22625)	5/13/2001 10:36:44 PM
From: Bid Buster	Respond to of 37746

LOL, velo, some people can't see the trees from the forest. btw, i spent some time today looking over corp. bonds..pretty unnerving to see just how many are at or near junk ratings..with dr. strangelove dropping the interest rate bomb on tue it will further hurt corp borrowing costs..as you are correct, greenspan can control short term rates but the market dictates long term rates..i saw this coming over a year ago..95% of the people i talked to didn't have a clue..most still don't..but one thing i'm certain of,we ARE in a secular bear market..not counting the past months counter trend rally of course <G>

To: velociraptor_ who wrote (22625)	5/13/2001 11:36:09 PM
From: Onedodd	Respond to of 37746

I do expect a pullback from the triples like EMLX or QLGC and I don't expect a miraculous earnings turn around overnight either. You posted some pretty impressive stats there but the problem is the average trader overlooks these stats as was proven last year during our "great bubble". You respond to my post with the statement that we are looking at the fourth quarter before a recovery attempts to start. Well I am glad you agree with me, because I think that is exactly what the market is telling us right now. And by the fourth quarter all the rates cuts will have had a chance to do their "thing". When the news finally comes out that earnings are accelerating (even if it is the 4rth quarter)it will be too late IMO, the opportunity for those magnificent gains will have been missed as even me the most optimistic expect 95% plus of stocks to never see their old highs at least anytime soon.(years) "And I suppose that the expectation that the market should go up more after EMLX returned 300% in a few weeks or even the indexes gaining over 30% in a few weeks is not?" The problem with this is yea EMLX has risen 300% but its still 60% what it was 4 months ago and was 90% off at one time. Is EMLX over valued? yea, probably but is that going to stop it from going up more? I doubt it. You see even though your stats are impressive and true for the moment, and many of these stocks are nothing more than flying pigs the "hype" still cant seem to be squelched. In the future this may be disastrous but as a short term trader I've got to live in the here and now and right now the QLGC's of the world are saying "buy me". At least up until last week, and until they I hear short me I must continue to play the trend. One more point I'd like to bring up is that in this internet age of business where info travels at the speed of light one must admit that things can turn around at the drop of a hat. Or on a dime. As fast as our economy seemed to do a cliff dive it is possible for it to do a rocket launch. Even Big Al agrees with this point. It may not happen for 6 months, it may not happen for a year but when it does it could be fast. Will it be as fast as the reverse was? That remains to be seen and as none of us has really been in a recession during the IT or internet age who can prognosticate? 1991 doesn't count because we move so much faster now. One last thing maybe you can answer for me. With multitudes more investors now than there was in any recent past and everyone seeming to want the same stocks doesn't it stand to reason that the average P.E. would be higher. What can you do when we have millions upon millions of internet investors all wanting the JDSU's and QCOM's of the world. That's where the hype is and you know as well as I do hype sells stocks. They aren't going to buy Food Lion. It's not glamorous enough.