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.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: HG who wrote (129083)	7/25/2001 9:12:24 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Sell, sell,sell? I hope no one out there got wiped out on margin calls and had to sell their house. I've still got mine. Have you still got yours? Happy, I'd like to thank you for being a consumer. What have you bought lately, that you can share with us? <vbg> Last Updated: July 25 2001 19:13GMT The National Association of Realtors said on Wednesday sales of previously owned homes slipped slightly in June but remained close to their highest levels on record, with home values appreciating significantly to a new high. "Home sales are moderating, but barely," said Celia Chen, an analyst with Economy.com, a Pennsylvania-based advisory. "With much of the economy mired in weakness, the strong performance of the housing market remains remarkable and continues to be one of the few forces keeping an economic recession at bay." Alan Greenspan, Fed chairman, recently said the appreciation of home values was a helpful, if partial, counterbalance to the sharp drop in stock-market wealth and had helped sustain continued growth in US consumer spending.

To: HG who wrote (129083)	7/25/2001 9:34:15 PM
From: Skeeter Bug	Read Replies (2) \| Respond to of 164684

>>Most bears were wrong.<< not about valuation levels being unsustainable. not the idiocy of buying and holding. not about the impending carnage on the american economy (you ain't seen nothin' yet). >>They just kept saying "sell sell sell, the sky is falling"<< actually, it was falling. the problem with most folks is that they don't understand delays. the bullet doesn't hit its target as soon as the trigger is pulled. even so, the person in the crosshairs is dead man walking - even though they still live. >>at the wrong time...Sell in 1998 ? Come On. How DUMB was that ? LOL<< it was genius compared to the many, many more folks who doubled and tripled down in late 1999 and early 2000. pure genius. >>It was as stupid as I would look right now saying "Buy Buy Buy, the market is going up"! Its not. Sidelines is safer here unless you like channel trading. Of course some day it will go up, but that doesn't mean I keep shouting BUY BUY BUY now !!! <smile><< funny, i don't believe i heard you say something similar when the naz was 150% higher than current levels. i was. daily... ;-) >>Timing....thats what it is all about.....coz even a broken clock shows correct time twice a day....<< happy, i'd go one further. a system to manage risk is ultimately the most important thing a person can have. you don't do as well on the way up, but you don't lose it all + some on the way down - which happens during every bubble bust cycle. the bears did overestimate the intelligence and will of the bulls and the lengths to which the enablers would go to keep 'em going. the bulls were as smart as ponzi scheme participant. sure, some folks in early make money... but you know the rest of the story. the negative spiral is now in effect and it frustrates me b/c it didn't have to be this way.