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.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (135514)	12/9/2001 10:45:26 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Former Bear Warming to Bullish Possibilities Dec 9, 2001 Jim Stack was a bear on the stock market--an angry, snarling bear--for much of the 1990s, and particularly in the technology-bubble era of 1999 and early 2000. Today, he is rightly considered a hero for warning subscribers of his InvestTech market newsletter, and anyone else who would listen, away from stocks as they climbed toward their peaks and then careened into the worst decline in a generation. But that was then, and this is now. Stack the once unrepentant bear now is bullish on the market--"conservatively, cautiously, watchfully bullish," in his words. He is telling his followers that the stock market today presents "a viable profit opportunity that will likely extend well into next year." At a time when many investors view the market's powerful advance since the Sept. 11 terrorist attacks with a mixture of relief and disbelief, support from former bears such as Stack provides an important underpinning for the bullish case. latimes.com