Silicon Investor (SI) -- The First Internet Community

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To: John who wrote (250834)	7/17/2003 3:44:38 PM
From: patron_anejo_por_favor	Respond to of 436258

<<Of course they could start another plethora of "Osama Bin Laden and Saddam Hussein and Amelia Earhart found" rumors (yes, again) to stem the tide of sellers. So... All betz are off, me thinks>> ...or MSFT could trumpet an announcement that "will change e-commerce forever", ie, sales of gardening implements over the internet or somesuch...<G>

To: John who wrote (250834)	7/17/2003 3:47:49 PM
From: patron_anejo_por_favor	Read Replies (3) \| Respond to of 436258

What the over and under for Softee's revenue numbers? Anyone got any predictions?

To: John who wrote (250834)	7/17/2003 4:31:32 PM
From: No Mo Mo	Respond to of 436258

"What will become of the frail and tenuous psyche of the battered and demoralized American investor when the October 2002 lows are tested following this fictional jam job of the past few months? Who will be left to tell the sad story anyway? Who will even care?" For all the talk on SI about the "average investor" or "J6P", I'm having a real hard time finding him any more. Sure, up until a year or two ago, he was everywhere. But, starting with my folks (ALL fixed income now) to my friends (broke, scared and holding only cash or banking 100% on their real estate equity), I can think of NO ONE who's viewing the market 'fundamentally' as a buy and hold. I get the feeling almost everyone sees this thing (especially the current run) as the casino it is. Among bulls on SI, no one talks about value. It's just technical upside and a bunch of technicians in a cliff-side circle jerk. At this point, we've got fund managers, houses, traders like those on SI and a few sundry others making this market....everyone cynically informed. I don't think it matters one bit how the "American investor" feels about a fall from here. Two worlds....the market and the economy.