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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: bearshark who wrote (11854)	12/18/1997 9:03:00 PM
From: bearshark	Respond to of 94695

Its getting gruesome in Asia. Japan down 925 and now HK is chiming in.

To: bearshark who wrote (11854)	12/19/1997 12:51:00 AM
From: Lazarus_Long	Respond to of 94695

<< All the yappers in New York are now jumping on the bearwagon. Mr. Acampora (of 10,000 in 1998 fame) jumped on today. Eventually the individuals who paid attention to these guys on the way up will pay attention to them on the way down. When that happens, we will have a bloodbath. >> You found the words I was looking for. The belief that everybody (or nearly everybody) has to be bullish for the bear market to start is WRONG. In fact, there can be and often is a fair amount of bearish sentiment, but the situation is murky and to a large number of people it is not clear what is going on. Not knowing what to do, they stay in. Others, beleiving this is just another dip like the last one, buy from those who are bailing or selling short.