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 : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: jim_p who wrote (9100)	4/9/2008 3:27:36 PM
From: Fiscally Conservative	Read Replies (1) \| Respond to of 50758

If this market is truly headed for the cellar,I believe it is,it must first past the basement. We are not at the basement level yet. The trick with massive distributives is to slowly off load the merchandise so as not to create panic. The panic will certainly come but only at the cellar level. There is little integrity in greed and far less in our financial underpinnings today.

To: jim_p who wrote (9100)	4/9/2008 3:29:26 PM
From: chainik	Respond to of 50758

<I think you needed to be trading stocks back in the 70's to appreciate where were we might be going> Eventually the market might be headed much lower, who knows. Just saying that it is entirely possible that this is a routine low-volume pullback in the intermediate-term uptrend. IMO the strength of semis deserve attention. Might be a hint about the coming earning season.

To: jim_p who wrote (9100)	4/10/2008 8:08:49 AM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 50758

re:["I think you needed to be trading stocks back in the 70's to appreciate where were we might be going and when we might hit a bottom??"] Too bad we didn't have a little more wisdom, and a lot less liquidity in both Washington, and on Wall Street over the last couple of years. If we had, we wouldn't be in the mess we are now. I think someone here, a while back, opined about the incredibly short memory of both Wall Street and the investing public. It may have had something to do with that whole "doomed by their own DNA" thingie <vbg>. And to be fair, if one was still in knee pants, or just a gleam in their fathers eye back in the 70's, then they'd better at least be a student of market history, if not also human behavior. During this recent washout of the unclean in commodities, even strident gold bugs seemed to be converting in droves, to the church of deflation. So, are we experiencing deflation, or are we experiencing inflation? Or, are we asking the wrong question? Is it more important to determine what we are really experiencing from an academic standpoint, or what the public thinks we are experiencing? What's the trade? Academic reality, or public perception? Is that the right question? Here's another one... Is the trade on the public, or on the Fed? What is the Fed seeing? What is their version of reality? How are they going to react? And what are they going to do? ...is that the trade? The herd, or the Fed? The chicken, or the egg? Reality, or perception? You are all getting a very real, very live, and very important lesson in markets and trading. (You'd better be filling up that trading journal). The key to making money in this market, will continue to be in asking the right questions in the first place. Mo later, S.O.T.B. PS: Did you see, and listen to Pimco's Mohamed El- Erian? He, the architect of the HMC/Harvard endowment funds legendary performance, and now Managing Director,Co-CEO, and Co-CIO of Pimco? What was El-Erian's reality? Mo later. Jim Bunning breaking bad on Greenspan and Bernanke right now on CNBC.... now there's some old school, country hard-ball wisdom for you. ...ya' think Bunning spanked his kids? ;)