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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (10287)	8/17/2001 11:16:26 AM
From: marginmike	Read Replies (1) \| Respond to of 209892

Whats funny is that your whole life your schooled in lots of junk, and you think it will never be of any use. I studied alot of History in high school and college. It has saved my ass time in and time out by giving me a cleare understanding of cycles, and the repetative nature of Human error. What really amazes me is the people on CNBC who manage billions are the most clueless of the bunch.

To: AllansAlias who wrote (10287)	8/17/2001 11:18:45 AM
From: JRI	Read Replies (2) \| Respond to of 209892

Yeah, just now (now! after the COMPX has been destoyed) are (some) average investors accepting "oh, ok, we had an 18 year bull market....ok, we've been overdue for a pause".. What's amazing, though, is that practically no average investor is willing to accept a multi-year bear market is here to stay (which is the natural, logical conclusion if you accept the 18 year bull cycle- looking at history). Somehow, the warped logic goes, "OK, we had an 18 year bull....we've had our pause (bear).....and now time for another bull"..Eh? The selective believing of market history ("believe it if its good, ignore it if its bad")is sickening. Everything (market psychology speaking) points that we are still in the denial stage of this thing.