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 : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?

To: silicon warrior who wrote (8416)	10/1/1998 10:28:00 AM
From: Steven Bowen	Read Replies (2) \| Respond to of 12468

SW, IMHO, you're making one big false assumption; That markets and people act in a rational manner. Just as so many stocks were so over priced during the irrational exuberance, many stocks will become very oversold in a Dow 6000 type of market. Actually things could get worse to the downside, as fear is a much more powerful controlling emotion than greed. Just as greed kept people in at 48, fear could panic some out at 15. Many prices will have no rhyme, reason, or justification. They just will be. Of course, the heros will be the ones who recognize and buy the bottom, probably when everyone else is selling.