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.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (73148)	7/9/2001 11:07:48 PM
From: Rarebird	Read Replies (1) \| Respond to of 116759

Richard, the market has not yet factored in future earnings warnings. If several big multi-national businesses indicate that business will not recover for another two or three quarters, the market should trade considerably lower. Do you like to short Equities? Some investors are beginning to give up on HOPE that business will improve by the end of the year. What starts to wear on the psyche of the market, are all these warnings about business not getting any better. That gets people Questioning whether the recovery is coming. I continue to feel that economic recovery is farther out than the market anticipates. "With fine sentiments bad literature is made." These words of Andre Gide apply not only to literature but even more to trading these financial markets. Sentiments, even the finest, have no place in trading these Markets. Sentiments are something irrational. Philosophy, on the other hand, is not only something rational but is the actual guardian of reason. In making this assertion, I have come to a kind of decision as to where these financial markets are headed. I have already anticipated my question with an answer. There is the Danger that the thought of our leaders today will fall short of the decisions that are coming, decisions of whose specific historical shape we can know nothing- that the leaders of today will look for these decisions where they can never be made.