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 : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (19656)	8/4/2017 8:21:09 AM
From: Don Green	1 Recommendation Recommended By The Ox Read Replies (1) \| Respond to of 33421

John I really enjoy reading your thoughts in the last two posts. But I would like to suggest your comments are based on rational thinking and using the past as a guide. But in this new world of irrational and AI driven, non-emotional investing / trading. I really think many of the old investment philosophies have to be put on the shelf. How else can you explain the total lack of concern shown by the VIX in a time when the political world is in total disarray, Companies like Amazon and now Telsa no longer need to be profitable to justify huge market caps. Where a known nut case is threatening to attack the U.S. with Nukes and the market continues to rise. Where ETFs are replacing mutual funds and now outnumber the stocks they invest in. Where oil prices are destined to decline as the world finds new ways to process oil reserves, and also reduces its demands for automobiles and electric cars will become more common. I feel you can't just accept what has happened in the past based on historical trends providing insight to the future when the emotion of the masses is being removed.by computer driven strategies using A.I. Of course, there will be a crash at some point but it will need to be different than in the past. There is just too huge of a buying the tip safety net below this market, So it will take a series of events to bring it down and keep it down for more than a few weeks. But then again I am a human expressing myself, based on what I have learned over the many decades I have been active in and followed this market. Yes the world is changing and it is exciting to follow and we must accept the past will not always predict the future especially when machines are involved in making many of the decisions and removing emotion from the equation. IMHO Respectfully Don