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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (8341)9/20/2001 8:24:17 PM
From: kodiak_bull  Read Replies (2) | Respond to of 23153
 
Gottfried,

Au contraire, we're back to business here. You can check back my postings back to last spring (and I will tell you my private conversations with JimP and Dabum over a year ago)--I'm looking for the real bottom to this thing, and know enough to know that simply saying "this is surely it," won't get the job done.

We've have a huge speculative bubble, and not just in the Naz, we have an economic contraction and the biggest terrorist attack in not just U.S. history but in world history, if my understanding is correct.

We're getting back to business, trying to figure out where the selling will stop and when the (our) buying should begin.

Dabum's and my view of the market moves nothing, nada.

Once a guy wrote that he was worried that his Yahoo posting (negative) might move the stock price of GNSS. I laughed at him and told him that he was a tiny piece of balsa wood floating in the ocean; what he needed to worry about was not whether he would affect the motion of the ocean but whether the ocean would swamp him or a shark would come up and put him in the digestive tract.

I have no fear in this market, but I think folks who have been buying the Naz 1800 to 1480 do.

Regards,

Kb



To: Gottfried who wrote (8341)9/20/2001 8:29:02 PM
From: chowder  Read Replies (1) | Respond to of 23153
 
Gottfried, isn't that what the market is all about? Fear and greed?

The market is telling us to be fearful right now. I'll pay attention and follow it's lead.

I'll let fear dictate for the next few weeks. They'll be plenty of time to let greed take over sometime down the road.

dabum



To: Gottfried who wrote (8341)9/20/2001 10:03:49 PM
From: Tommaso  Respond to of 23153
 
It's not fear, it's just an assessment of overvalued equities.