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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (10996)	11/7/2001 11:48:09 PM
From: pezz	Read Replies (1) \| Respond to of 74559

What I'm trying to say is that simple or complex ,greater fool or heavy thinker the idea is buy stocks that go up short stocks that are goin down....Opinions about the economy be damned....... BTW If one makes money by goin in a direction that all logic says is opposite the economy one ain't a fool. If the economy goes into the dumper and "fools" buy stocks and make money are they fools? This idea about evaluating short term stock movements by judging the companies financial condition or the economies current state is a fools game. Long term only a real fool believes he/she can predict economy/compamies future...Wayyyyyyyyyyy to many variables....9/11... Did'ja predict that? Think about it.Why do ya think mutual fund performance is so dismal?......Do you really think you or I have access to more resources than they? Are they so stupid with regards to judging the economy or a companies future whilst you are so smart? One can only conclude that predicting the economy or corporations future for any length of time is not quite so easy. The market is never wrong. Every stock is worth the bid price at the time. What it is worth inna future becomes more difficult to determine as the length of time that we define as the future increases. In short the stock price is the thing not the company or the economy .......It is simple after all. <<But, what matters is the longer run,>> If you could predict it....Other wise the only thing important 'bout the long run is that in it we is all dead.