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.

Non-Tech : NOTES -- Ignore unavailable to you. Want to Upgrade?

To: Didi who wrote (2182)	1/22/2003 1:57:35 PM
From: sun-tzu	Respond to of 2505

:) "The war will be short, lasting about one month," the Russian source was quoted as saying. it seems that an up at some point post war (or after it starts as in 1991) is a given. the question is, how low will we go first? hope all is well! (~)^(~)

To: Didi who wrote (2182)	1/23/2003 12:47:36 PM
From: Jack Hartmann	Respond to of 2505

Reality TV Digging deeper into a conversation with Toddo By Tony Dwyer I would like to elaborate a bit on a message I sent Toddo earlier. The investment public has lost faith in the integrity of the financial markets due to three years worth of losses after a bubble burst. Right or wrong, that perception takes a long time to change – more than just four months. It takes time for proof of change to come before the average investor believes it and begins putting what they have left of their investment dollars back into the market. This is a huge point. Without new money continually coming in there is just a rotation of the same money that is already in. When you think about that it is easier to see how the market goes sideways as a whole, while individual sectors spike higher and get smacked only to reverse a few sessions or weeks later. The President’s proposal (IT IS ONLY A PROPOSAL) had everyone on Wall Street and in the media talking about how positive the dividend cut WILL be for investors. I have been noticeably absent from discussing it because nothing is even close to getting passed and debate has just begun. People were taking a proposal that may or may not actually get passed, yet were buying stocks like it was passed. The reality is that while dividends are great to get and may eventually even be tax free at the corporate and/or individual level, when you are buying stocks based on income expectations, you better remember the daily, weekly, monthly, yearly volatility involved when buying stocks. It is great to get that $0.80/ share annual dividend on Bell South (BLS), but you better be able to handle the $1.48/share drop today. The point Toddo and I were speaking about was the number of investors that moved back into the market on a concept that was far from reality and are now likely under water…or at the very least concerned. That doesn’t help the long-term sentiment regarding the integrity of the process, which likely delays the new bull market that everyone (especially me) is hoping for. It also makes for a whole new group of potential uncomfy sellers on a rally. No matter how I slice it, I can’t get too negative or too positive right now because both STILL have compelling arguments. My opinion doesn’t make for great headlines on the TV shows I appear on - but it does make for good reality TV. minyanville.com Good to see you Di ;) Jack