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

To: pezz who wrote (4094)	6/1/2001 8:29:15 AM
From: Stock Farmer	Read Replies (1) \| Respond to of 74559

Hi Pezz, I'd like to step in here for a moment and merely repent my silence... <<if one expected a severe decline in equities from the lows one would also be forced to believe that the underlining economic condition would have to decline proportionately>> One might want to contemplate which is cause and which is effect, and the linkage between them. Substitute for example: "If one expected death, one would also be forced to believe that blood flow would have to stop"... OK, so I admit the sentence is somewhat brutalized but the point is that either condition can precede the other. Often by an amount of time that is significant to the participant. Either condition may be cause or effect too, often unclear until after the autopsy. Which should only come after both. <<Now the NAZ is down top to bottom some 70%. If it goes another 20% down [now 90% overall ] thus we have a collapse....No?>> Why would you draw the line at [another] 20% down from 70% down from 300% up? As to the future, various gum-flapping heads speaking of dollars, the price of oil and who caused what... to me irrelevant. Relevant is that each hard claimed ounce of gold will fetch me (a) pleasure if I look at it, (b) $4.00 per year if I "lend" it to someone who intends to never give it back to me, or (c) about 14 shares of some router company that proportionately just evaporated about $4.00 of inventory. It is quite possible that merely by waiting and taking advantage of (a), the chickens of much (b) will come home to roost and the number of shares in (c) will go up by one or two or three or even four fold. John.