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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Darth Trader who wrote (20503)9/23/1998 7:28:00 PM
From: J. P.  Read Replies (1) | Respond to of 50167
 
<Contrarianism is mostly misunderstood. I don't think we have seen the end of this selloff. Who is going to buy in this market going into Oct? >

But of course you understand it. I've just got around to reading my messages, and as I speak from a noisy server room near LAX airport, the market has just had a huge rally. And my stocks CISCO, DELL, MICROSOFT have been soaring. Now it is not contrary to buy stocks that have been hugely popular for years, but to buy them when so much milage has been wrung out of all the bad news has been thrown at the market.

But can we continue to grow in the face of the rest of the world which is economically hurting? And does the spector of a long term slide like Japan has endured remain a possibility?