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

To: t2 who wrote (80600)	6/18/2002 2:47:47 PM
From: DebtBomb	Read Replies (1) \| Respond to of 99280

Bonds are doing fine, smart safe money, IMO.

To: t2 who wrote (80600)	6/18/2002 3:07:01 PM
From: ahhaha	Read Replies (1) \| Respond to of 99280

Very interesting points. It's the most important point that will drive the bull against the doubts of those who think they have learned. They've learned bad habits. They have to think about what makes corporations profitable and why the dollar was an indication in the past why they wouldn't be profitable then, and finally why the shoe is reversed now. I had thought we would get a modest rally in stocks (large caps) and a bit of a selloff in bonds recently from this dollar weakness. You had better get rid of all that kind of thinking. Because you eventually will just when it finally becomes true again! I am a nervous long here and considering selling a bit to protect yesterday's gains. As any pro will tell you that's the first indication that you have to do the opposite of what you feel. As long as you're nervous, you have to hold. The dollar drop is making the mood more negative it seems. It's your mood. It doesn't exist out in the spacetime continuum. Where did you get that mood? It's been trained into you, and the training is nothing but a collection of myths generated by people who know nothing. That is the way the market sees it. That is the way you see it, for the market never sees anything. Got that? Never sees anything. It reacts to the past which it never saw, so it reacts to its own myths creating a random path that now and then passes through the truth. The one thing that could make a difference is asset allocation changes out of bonds and into stocks. That wouldn't make any difference, since it never does. To think otherwise only comes from the bound collection of myths promulgated by those trying to explain how the market works and why it did this or that. I believe bonds are a worse investment than stocks in a falling dollar environment but it seems the market does not agree.<g> I really don't understand why there is a great tendency on SI to giggle. Are you implying you're just another fool bagged by the myths? Dollar dropping is also obviously good for metals such as gold, silver. This is sine qua non for the programmed way to lose. Hasn't anyone told you that in Wall Street, what is obvious, is obviously wrong? Or isn't that valid now? In Wall Street apparently the only validity is that which can be ascribed after the fact, so if you want to make money in stocks, you had better get away from all these myths and start investigating companies to assess their investment potential.