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 : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (3263)	10/1/1998 9:56:00 PM
From: Y2k_fan	Respond to of 4634

Indeed, stock market is always like a pyramid scheme. Peope keep on putting cashes into it. At certain point, no matter how good a company or stock is, it will become overvalued. And people will start to cash out. It's just a place for people to gamble, some stocks are good gambles because people who arrived late have to pay higher for people who arrived early. Some stocks are bad and people who sold early can buy it back from people who made mistakes. The stock price can only go up if the economic keeps on growing, people hold the shares and the companies don't keep on printing; otherwise, the stock price can not go up forever. I am still positive about this market, but the number of good equities are decreasing rapidly.