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 : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Ron McKinnon who wrote (40652)	6/14/2002 2:46:39 PM
From: DanZ	Respond to of 53068

Interesting article...thanks. Overly negative sentiment readings make it more likely that the market will bottom, but it isn't an absolute requisite for a market bottom. I agree with Larry that the public hates stocks right now. That's just the point. They loved stocks during the bull market because they were going up. They didn't love them for the right reasons, such as stocks being cheap relative to the then current and future fundamentals. Now the public hates stocks. Why? They hate them because they have gone down. They don't hate them for the right reasons, which would should be the valuations are too high for current and future fundamentals. Anyway, I'll get off my high-horse. I just wanted to respond to Larry's comments. Have a good weekend, everyone! Dan

To: Ron McKinnon who wrote (40652)	6/15/2002 6:13:51 PM
From: Kelvin Taylor	Read Replies (1) \| Respond to of 53068

Ron & Paul, Good commentary. I continue to come here every day for thoughts from people I respect. This is what makes this thread so good. Sharing ideas and opinions openly is the best approach. Sometimes the truth isn’t easy to take. Part of successful trading is saying, Hey, I made a mistake. I bot that stock too high and time to move on. Hopefully over the past year has taught that the only way to make money is to keep from loosing it all. Holding on to stocks months on end with huge losses doesn’t improve the bottom line especially then the news directly from the companies is earnings are lousy and won’t improve near term. Somehow we hope that news isn’t really true so we ignore the price declines and “hope” the market will go up. We have made a good start here. Let’s relook carefully at what we own and see were we go from here. Kelvin