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.
Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (16095)7/20/2002 10:16:15 AM
From: pogbull  Read Replies (1) | Respond to of 36161
 
[[two big market phenomena prohibit capitulation
exchange curbs
plunge protection team action

each quiets and delays selling
each encourages buying

in my view, they gaurantee a long bleed]]

Agreed, I am actually starting to believe that the continuing actions of the PPT will draw this out much longer than we expect. In the long run this will be detrimental to the U.S. economy. Rather than taking our medication and completing the economic cleansing they are letting it grind down. This could, in time, cause the markets to go lower than expected. Which in turn leads to more main street pain.

Greenspan makes me almost as sick as our so called representatives kissing his arse. Do they not see what is on the horizon???

Found some info on Japanese real estate which is off about 75% form the peak of their bubble.

These certainly are interesting times to be experiencing. Capital preservation is key here, need to have money when others don't.