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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Ilaine who wrote (9155)9/14/2001 12:57:10 PM
From: tradermike_1999  Read Replies (1) | Respond to of 74559
 

I think you need to make it much shorter if you want to get it published.-g-
Seriously, I think it's a fine expression of your opinion.


Well, I'm going to send it out to people on my newsletter later this weekend. This is a touchy subject so want to be careful how I write it and not make people to get angry - especially angry by me not being clear about what I am trying to say.



To: Ilaine who wrote (9155)9/14/2001 3:29:11 PM
From: David Howe  Read Replies (2) | Respond to of 74559
 
<< I can't understand the econometric data they use, but they think that panic selling causes systemic damage that keeps spreading, in waves, throughout the financial markets. >>

Why is this difficult to understand? Clearly there are people selling stocks now "because they went down". Buying created a buying panic in 1999 and early 2000. Selling is now creating a selling panic.

Obvioulsy the market falling does harm to the economy. If I have to explain that I'm on the wrong board.

Dave