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.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (62061)	8/28/1998 7:49:00 PM
From: Dell-icious	Respond to of 176387

THanks for the excellent recap! Now if only the market remembers this on Monday :) Dell-icious

To: Mohan Marette who wrote (62061)	8/28/1998 8:38:00 PM
From: Jorge	Respond to of 176387

Mohan...Thanks for the summary..I don't get CNBC here but was wondering what she had to say....There are some analysts who have been saying the Blue Chippers had to give up some of their gains before the Market "correction" could be complete...From what I am gathering we ought to be nearing the bottom........Of course this is all short-term observation, long-term (my investment horizon) this current Market activity is but a glitch on the 5, 10, 15, 20 year charts. Have a good weekend... Regards, George

To: Mohan Marette who wrote (62061)	8/28/1998 11:38:00 PM
From: Ed Stern	Respond to of 176387

Just a quick comments on Russia.... as to the effect on the US. It's like a pimple on an elephant's butt.... not worth a damn. However, the key is the emotional affect of it. In my 12 years in the market, it functions on two emotions - fear on the way down and greed on the way up. Now, traders (not investors), think the sky is falling and want to get their money (why, if the sky is falling,I don't know !!). Their thinking is if it's Russia now, then it's Latin America next, Asia is already a problem, and on and on. Me on the other hand (and probably most of you), go into a store and see prices so nice that's it's difficult to resist. As I ride to the store, I see gas at 99 cents a gallon and I'm excited and I feel good. Compound this feeling by all the households units and you'll still have a good economy. The 'experts' say we're in a profits recession, I think you make a fair profit and sell more units - still make $$. Not everything works that well, but in general, that's my world. The sky isn't falling - this sell off is maybe overdue as in some ways having a sell off can be long term healthy by taking out the excesses that is created by a big bull market, but now I think it's probably near the bottom.