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 : Paint The Table -- Ignore unavailable to you. Want to Upgrade?

To: Junkyardawg who wrote (13974)	2/10/2002 6:20:35 PM
From: Oral Roberts	Respond to of 23786

I think you may be confusing some of us looking at charts going in a clearly downward direction with being overall pessimist's that think the economy/country is headed to hell in a hand basket. The market is a bear market that is now correcting down from a very good bear market rally. Some of us find it easier to trade the general direction of the market which in this case is clearly down therefore at this point we are shorting more then going long. I tend to think we are realists that are just dealing with what is rather then what we would like for the market to be doing. I personally look very forward to the bottom being put in and for the fluff to be gone so I can again go crazy long. Until then I will just go with a Tom Dorsey quote, "What is, is."

To: Junkyardawg who wrote (13974)	2/10/2002 7:08:45 PM
From: Lazarus_Long	Read Replies (1) \| Respond to of 23786

Actually, I'm more in line with Jorj. well most companies are honest and are run by honest people. Yeah. Soon after Enronitis was discovered, I had that thought and said to myself: "Self, when WSJ and CNBC start saying that, the next upleg starts." And it started late last week, I believe. But if I remember Jorj correctly, he then expects a significant dip. And so do I. Gold at 5000? DOW 3000? In an alternate universe maybe. Not here. Not unless I and Jorj and a lot of other people are really, really wrong and things go really, really wrong.