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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (169139)5/30/2002 5:27:44 PM
From: Les H  Read Replies (1) | Respond to of 436258
 
they're attributing to the MSFT deal with the government that their filings underreported revenues in the past; i.e., in order to smooth ordinary business cycles that should show up in their income statement.



To: maceng2 who wrote (169139)5/30/2002 6:17:58 PM
From: orkrious  Respond to of 436258
 
See miners are down for some reason

I bought some extra for a trade. Sorry about that guys. <g>



To: maceng2 who wrote (169139)5/31/2002 4:23:32 AM
From: maceng2  Read Replies (1) | Respond to of 436258
 
Re: Mars and 85ft high tides, Laputa, Jonathan Swift, etc...

<snippet>
Dark Art of Financial Astrology

Adam Hamilton

May 17, 2002
6169
As Wall Street's analytical credibility craters, the mystical dark art of financial astrology is rising in popularity. Is financial astrology a valuable investing tool or just plain hype?

In these troubling investing times through which we are all journeying in the wake of the supercycle bubble in US equities, many investors have grown disillusioned with mainstream investment advice.

And why not? We can all easily remember the incredible ubiquitous Wall Street bullishness as the NASDAQ exploded parabolically from around 1500 in October 1998 to over 5000 in March 2000. Unfortunately, the perpetual Wall Street zeal for selling stocks to investors at all costs, consequences be damned, continued unabated after the bubble burst and the worst bear market in US equities since the Great Depression began to unfold.

Even in these exceedingly tough markets, every single day investors are assaulted with a phenomenal array of psychological firepower explicitly designed to brainwash them into believing that stocks always go up, that right now is the perfect time to deploy capital in equities, and that no matter what happens in the world, good or bad, it must always be bullish for stocks. The extreme bullishness of Wall Street that served it so well in the 1990s has turned into one of the ultimate con games.

The English language is full of countless gems to reward those who diligently study it, like the derivation of the word “con”, short for “con-men”, “to be conned”, is a contraction of the word “confidence”. I don’t think even the most virulent perma-bull would argue with the assertion that the financial media’s and Wall Street’s primary goal is to instill and nurture confidence in US investors, whether it is warranted or not at this peculiar moment in history. A mighty confidence game indeed!
<end snippet>

zealllc.com