SI
SI
discoversearch

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 : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: plugger301 who wrote (17164)5/12/2002 11:38:06 AM
From: Susan G  Read Replies (1) | Respond to of 26752
 
far ahead! <g>

Sure took the NY Times a while to pick that one up...

Just saw that Marketwatch dude Calandra on the Marketwatch tv show on CBS, he sure surprised me with his bearishness.
I don't see the show often though so not sure if this is a big change.

Suggested deflation is a growing concern, big ticket item sales like cars are dropping and consumers are tightening their belts, and due to the drop in big ticket item sales he expects another round of big job losses. He came out and said this is no time to invest, the Cisco move up was total BS and he thinks ALL investors should have 5-10% of their portfolios in gold. I bet that gives it a pop on the open tomorrow am! and I think he said tech should basically be avoided for now.

And that is what J6P just heard as they spit their coffee all over the New York Times Mutual Fund quote page as they checked their 401ks <vbg>

I was talking to a friend Friday night who pays no attention to his mutual funds. He said he used to have them in a portfolio and stopped looking at them, he couldn't bear to watch. Last week he deleted the portfolios off his home page. (!) What you can't see can't hurt? LOL!

Amazing how some feel they have no choice but to stay put. Liquidating or rotating to other funds or even cash does not occur to them.