SI
SI
discoversearch

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 : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: AlanH who wrote (52850)9/16/1998 2:30:00 PM
From: Andeveron  Read Replies (3) | Respond to of 58727
 
>> Did anyone really believe the media prattle which stretched the context of AG's Berkeley speech? <<

Alan, market perception is much more important than market reality. Enough people believed in it. There was enough speculation and positive spin on an interest rate cut that the market roared back over the past couple of days. Bears became bulls and the Kahuna thread turned into a go-go market rally gathering. Nothing has changed fundamentally in the world, save much market spin and tales of better times ahead. Once this fades, I believe we continue our downward spiral.