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.
Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: mph who wrote (3773)10/5/1998 11:44:00 PM
From: PnclNk  Read Replies (1) | Respond to of 14427
 
<<<but the down, down, down market suggests that a bunch of companies are going in the you-know-where>>>

Pretty obviously, what we say and do here on SI is completely meaningless in the realm of the world financial markets and do not MAKE anything happen. We are simply trying to be on the money making (or at least money preserving) side of the coin. I don't think anyone is hoping for a deep recession or depression since we will all lose in the end.

Just wanted to stick up for LT since he has been one of the clearest voices warning everyone during this market decline.

Best of luck to everyone.

Pencil Neck



To: mph who wrote (3773)10/5/1998 11:51:00 PM
From: R. Gates  Respond to of 14427
 
As inevitable as the change of seasons the bear must come to all markets. Why would that "bother" anyone? Sure there will be pain and suffering, but over fattened, bloated animals must go through some lean times. The ones who are sickly, the bear will eat up. We all should feel fortunate that we have such vast amounts of information at our fingertips. Our Grandfathers didn't in 1929. When the world wide depression hit them, they really had no chance (for the most part) to prepare for it. We all do. Information can be our (monetary) salvation if we're wise enough to use it. Right now, the IMF (read here the American taxpayer) is holding up the entire world financial system. Unfortunately, that means there will be no one to save us when we need it.

The bull had Wall Street for 15 years. The longest in history, but the game is up. The New Bear is chasing the bull, and while the bull has a few small kicks and charges left in him, the bear is much stronger and knows his season is here.

Nothing to be scared of though, IF you use information wisely.

Best Regards,

R. Gates



To: mph who wrote (3773)10/6/1998 9:01:00 AM
From: Lucretius  Read Replies (1) | Respond to of 14427
 
MP, as I've said before, I don't wish this pain on anyone, but I saw it coming and I think it will get worse. i might as well profit from it. US investors are reaping what they've sown. When you allow things to get out of hand, there is a penalty to pay. we are in the process of paying that penalty.