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 : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (30579)	7/19/2002 1:17:15 PM
From: Carl Worth	Respond to of 118717

this has been a rotten like 7 weeks, ever since just before i went to disneyland <g> i've had a few short term flips for some decent gains in there but basically i have just watched things slide a little at a time i haven't capitulated either, can't see selling things if there is nothing fundamentally wrong, last year i had the same sort of thing happen accentuated of course by 9/11 and the stocks eventually all came back except for a couple which are still hanging in there but had to work back from more problems than just 9/11 not much fun looking at my account value but i know the market will turn at some point and as you said, that first 10 or 20% back up will come in these little stocks faster than i could ever catch it....i still have a lot of cash which i am slowly (like molasses) putting to work, i'm sure when the bottom hits i will still have quite a bit of cash as i always do and miss the bottom with some of it but oh well, can't catch all the tops or all the bottoms, just have to try to make some gains in between there are hundreds if not thousands of stocks out there that could easily double in 18 to 24 months, just have to have a little patience, another thing i am working on :) carl

To: Dale Baker who wrote (30579)	7/19/2002 4:14:50 PM
From: tdl4138	Read Replies (1) \| Respond to of 118717

Hey Dale... Hope you're holding up well.. I take exception to your thinking that a "bottom" is around the corner,etc. and sooner or later things will get back to normal. I don't see it that way. Too many things are changing. Politics..economics..ethics.. To expect the stock market to right itself and go on...I think is wishfull thinking. The economy is not picking up...corporate earnings and guidance blatantly prove that point. The consumer is mired in debt...and the answer is not simply to print more money. If you do, its another bubble. Politically...the answer can't be "We're fighting a war on terrorism"...and little else. What's Bush's domestic economic policy? More tax cuts? Times are changing...and the "markets" are not the place to be for the time being. Where I see a major problem...is the general thinking that when the selling finally stops...the buyers will come roaring back...maybe they will...but I don't see it that way. Why should they? Because the "market" is a great place to invest? Right.... Say Hi to your other (better) half. Dave