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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: t2 who wrote (81298)	8/8/2001 11:26:28 PM
From: Boplicity	Respond to of 99985

You can't look to the PC industry for the catalyst. The computer industry isn't the factor it once was, the health of the telecom industry is what's killing and holding back the tech. market and as far as I'm concerned the economy. b

To: t2 who wrote (81298)	8/9/2001 3:36:48 AM
From: American Spirit	Read Replies (3) \| Respond to of 99985

There won't be a negative wealth factor if every American creates something of value, does not squander and keeps their nose to the grindstone. We just went through a few years of wasted opportunity then a bitterly divisive and contested election followed by a big crash and a criminal energy gouging. We have seen the ugly side of our system. Now we must look back and value what we had and not waste our diminished opportunities again. No one is expecting get-rich overnight schemes to work anymore, (though the energy cartel did try for awhile there). Now we must all start making honest livings and looking for real value in our investments. People are still buying, the machine is still running, the internet revolution is just beginning. But let's get back to a mind--set where 20% growth is damn good again, and not expect the moon and the stars. Buy a solid company which makes a solid product and hold it. We should also quit trying to trade our way to success. Day-trading is not the answer. Look where it took us? When I buy a stock now I figure I will hang onto it maybe for years. I have totally changed. We must all change. My parents doubled their portfolio in 10 years, then it doubled again in 18 months then got cut in half in 9 months again. That was too much. That was insane. That's not realistic. Let's keep our goals modest, realistic and be optimistic for the long term. The bubble happened, it burst and there is no more bubble anymore. All the problems we have now will sort themselves out. Maybe not tomorrow but eventually. Who cares if the market goes down again tomorrow? Might be a great time to buy and hold for your retirement. So CSCO and others are in a bind. At $15-$20 it's still a keeper. Or buy a bond or a home or insurance. Whatever. Diversify and get back to work. That is probably the best strategy now. If this summer's market is proving anything it is that trading back and forth is just madness and keeping us in a hole. Short if you want but I would invest for the long-term and expect only modest gains. I don't think we'll see another big bubble again in our lifetimes. And you know what, I'm glad. All it did was make us unrealistic, squandering and lazy. So be realistic, save and work hard. We'll be just fine if everyone does that, so long as our leaders do the same. And if they don't vote them out of office as soon as possible. Soft money by the way is DC's form of the internet bubble. It makes some rich but hurts everyone else. The corruption and lies it causes trickle down through every one our of lives and makes honesty and realism almost impossible to perceive. It kills the American Spirit just like unrealistic speculation and dishonest promotion (or shorting) of stocks did. Let's all get honest and we'll be fine in the long run.