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.

Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Marc Fortier who wrote (2902)	3/18/2002 4:32:22 PM
From: Peter W. Panchyshyn	Read Replies (2) \| Respond to of 11633

Well, IMO we're getting a little bit ahead of ourselves here, ------------ Quite possibly true. But thats how the markets react. To what might (FEAR) be happening months from now. Just as was the case for when the commodity prices were falling. People thought they were going to continue to fall and fall , that the economy was never going to recover. ----------- but I don't really care as I am in for the long term. ------------ As I have said many times. And more importantly at the start of the fall. Longer term these blips to the downside mean nothing but buying opportunities. Because that is what the real documented evidence (past history) clearly has shown over and over again. ------------ Anyway, it's nice to see that it was making sense to buy while the doomsayers were talking of a $10 barrel. ----------- And what of those doomsayers now. Sure they may have bought (long) a little at the time. But as our own resident doomsayer showed he was mostly betting for the worse and shorting (NET) . But they should have been buying and buying lots. So are they now chasing after the rise thinking they have missed out. And is this chasing , well after the fact, a prudent thing to be doing. Or as the recent evidence clearly shows. It is far better , easier and safer to be buying on the way down. When no one wants anything to do with them. Interesting to see how many of them get caught (buying) at the new highs when those that are really in the know. Are just relaxing and watching and enjoying the outcome that was never in doubt from the very beginning. ------------------