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 : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (5335)	6/2/1998 11:46:00 AM
From: Wally Mastroly	Respond to of 42834

Agree. Let's hope that Granville's conversion to extreme bullishness is not the kiss of death to the bull market!

To: Justa Werkenstiff who wrote (5335)	6/2/1998 1:02:00 PM
From: Allan Harris	Respond to of 42834

Re: Jumpin' Joe was as bearish as they come up until sometime last year I believe In his introduction for Joe, Mark Haynes mentioned that Granville had turned bullish in July, 1996...not a bad call, regardless of his previous incarnation as a Bear and Goldbug. I always liked Granville, not for his analysis which was just dead wrong for the first half of this decade, but because right or wrong, he always speaks in clear and unequivocal terms describing his market forecasts, leaving little doubt or ambiguity about where he stands. Allan

To: Justa Werkenstiff who wrote (5335)	6/2/1998 11:00:00 PM
From: Skeeter Bug	Respond to of 42834

bob, brinkers comments aside, many,many, many bulls will not profit much, if any, from this greatest bull market in history over time, either. just like in japan's bubble economy. when the nikkei was 3 times its current value ;-) in any case, kemet said they expect losses and will lay off 1400 people b/c capacitor demand is down 20% from april. OUCH! keytronic said to axpect losses b/c they can't sell enough keyboards for computers. layoffs to follow. OUCH! i've already said the nasdaq has seen its high for the 20th century. if one is not smart enough to sell what one owns as valuations get ridiculous they probably aren't smart enough to sell when valuations are ridiculous. if you don't sell... well... the funny thing about the market is you never know how well you've done until the game is over. for most people the game is nowhere near over. for example, i have another 30 years to be a genius and a fool over and over and over. hopefully the genius outweighs the fool by the time i'm done ;-) tech wreck III coming to a market near you ;-)