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.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (89049)	10/24/2008 12:31:19 PM
From: Little Joe	1 Recommendation Read Replies (1) \| Respond to of 116555

deleveraging is when your portfolio goes down Panic is when mine goes down. Little joe

To: Elroy Jetson who wrote (89049)	10/24/2008 12:39:58 PM
From: mishedlo	1 Recommendation Read Replies (2) \| Respond to of 116555

Australian Funds Block Withdrawals globaleconomicanalysis.blogspot.com The Age BusinessDay is reporting Four fund providers suspend withdrawals as redemptions soar... Mish

To: Elroy Jetson who wrote (89049)	10/24/2008 2:25:50 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 116555

I think I understand what you are trying to write but buying high in expectation to sell higher is not a loss that you bought is a mistake in judgment of value. Based on your theory any one who is buying now gold at $700 buys into a loss because several years ago gold was $260 Same with crude oil for example every one buying crude oil at over $30 a barrel is buying into a loss because several years ago crude oil was $20 or less per barrel This way of thinking is not accurate to define losses IMHO everything has a relative value it may be over priced or underpriced or fairly priced – it is a matter of buyer –seller best judgment – to me panic is when people are acting irrational are forced to liquidated and the selling price is not based on their best judgment when pricing an asset If going by your definition - better do not buy anything because then you will not loose anything