SI
SI
discoversearch

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: patron_anejo_por_favor who wrote (9134)9/14/2001 11:51:52 AM
From: Tradelite  Respond to of 74559
 
This is a tiresome subject that one could debate for eternity, but I will state in more detail my humble take on this subject.....

1. Greed isn't a bad thing on the part of the big guys, if they succeed in protecting their turf and drawing in more investment dollars from little guys. Right now, the big guys are staring the end of the world-as-they-know-it in the face. If this market collapses, what intelligent American would put one more dollar into the stock market for the remainder of his/her life? The big guys depend on our dollars. The big guys will protect themselves, and protect the dollars of the little guys, so they can get more of these dollars in the future....this is a hypothesis, I realize, but I believe that is what is driving them.

2. "Propping up stocks" isn't so much the issue as the need to provide capital to good companies providing useful and needed goods and services to people in the U.S. and around the world. Surely you don't want this very essential function of American capitalism to end.



To: patron_anejo_por_favor who wrote (9134)9/14/2001 11:53:31 AM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
Patron, I am off to sleep now, but what are you eyeing for Monday!