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.

Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: ubetcha who wrote (14860)	7/19/2002 9:32:07 PM
From: d:oug	Read Replies (1) \| Respond to of 82374

Message from twilko: "... up. Terry Terry [end.] An echo, or has another Terry joined you in this battle(s) fight :o) Remember those cardboard boxes used in past World Wars to look like tanks for the other side to see at a distance and make them worry and stay away, or fire ammo at. On the Tom Brokal news just on he spoke with Warren Buffet today and he said that the markets of dow[n] & nasquack are in the spin cycle of the washing machine that shows us all the dirty dirt being squeezed out of the shorts and crapped. I forget, who posted here last year "turn turn turn" ? d:oug

To: ubetcha who wrote (14860)	7/19/2002 11:03:09 PM
From: sea_urchin	Read Replies (1) \| Respond to of 82374

Terry, once again I agree with you. You must be a mind reader. Yes, I too see the Indices 50% below where they are now and I don't think that's "oversold". As you say, there has still to be a lot of bloodshed. I believe to the point, in fact, when very few people will want to hear the name "stockmarket" or "stockbroker" again. Indeed, many will be creamed and will lose most of their lifes' savings. The peoples' mood will change from loyalty and fear to being very unhappy and very, very angry. It is conceivable that there could even be revolution and/or anarchy and also that the whole economic system could change. Clearly, the kind of "capitalism" which we have just seen, which benefits mainly crooks or those who can print money, will have to change. Likewise government officials who regard themselves as being in government just to accept bribes and to do the bidding of those who pay them "under the table". Therefore, as the market falls, all kinds of witchhunting, blaming and soulsearching will take place. Very few are going to come out unscathed one way or another. Many more laws will be enacted and many guys, corporate executives and others, will go to jail. "Terrorists" will be found to be lurking within the US and not in remote lands but unfortunately, as is usually the case, the real ones will get away. Meanwhile, judging from their performance today, I think gold stocks still have a lot more "consolidating" to do before they are ready to move up. Possibly, even gold, itself. BTW, I note that a bull market in bonds could be underway.