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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: LiPolymer who wrote (56258)	4/25/2002 9:20:28 AM
From: Softechie	Respond to of 99280

Prepare yourself my friend...the rest is up to the market...

To: LiPolymer who wrote (56258)	4/25/2002 9:21:59 AM
From: DebtBomb	Read Replies (1) \| Respond to of 99280

""Driving (those that can still afford it) or walking through neighborhoods with mostly "For Sale" signs and no buyers. Malls and stores boarded up. Infrastructure falling into further disrepair. Anarchy in the streets."" Most of the world lives like that now.

To: LiPolymer who wrote (56258)	4/25/2002 9:26:28 AM
From: Chispas	Respond to of 99280

As one who lived through the depression... (My middle name is 'Herbert') I'm scared already at the number of boarded-up stores in the strip malls. :(

To: LiPolymer who wrote (56258)	4/25/2002 10:50:51 AM
From: Pink Minion	Respond to of 99280

Driving (those that can still afford it) or walking through neighborhoods with mostly "For Sale" signs and no buyers. Malls and stores boarded up. Infrastructure falling into further disrepair. Anarchy in the streets. How will it feel to be RIGHT? So who would you blame for that? The messenger yelling about the idiotic decision of today or the idiots making those decisions?

To: LiPolymer who wrote (56258)	4/25/2002 1:13:52 PM
From: Bocor	Respond to of 99280

LiPolmer, I think there are few shorts who seriously are happy or gloating when they are right. I have been short for a very long time, and have been telling everyone who would listen that we were going to retest the Sept lows. My best friend refused to sell CSCO or QCOM even as we speak after losing 60-70% of his $$, and he is now is now getting buried with MWD. It is indeed sad to see the excesses wrung out at such a cost. Unfortunately those who believe that stocks can and should trade at valuations in excess of their long term growth rate, those who are ever eager for that "squeeze" to make a few points, those who think they will catch the falling knife...all those people need to get a reality check. Always happens looking back on the history of bear markets. Bear markets are as deep and as the bull was high, and until we stop seeing AMZN run 15% on BS "earnings", and stocks like EXPE have a market cap greater than the GDP of many countries, we will continue to make a slow, arduous grind south. Bear market rallies are steep and strong, and if you can catch them and ride the wave, then terrific, but don't complain when the music stops and there is no one left to sell to. I hardly think that we will get to a point of anarchy, nor will be be at a point where all our malls are all boarded up. There are excesses that will get washed out, period, despite whatever Greenspan does to try to stop it. BTW...it will feel very good to have been right, because I will always be able to afford a vehicle, and maybe even a panic room if needed! The average guy who is getting trumped by the criminals on Wall Street is not responsible for the lies he was told, but he is responsible for turning off cnbc and reading an earnings report instead of letting greed control his investment decisions.