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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: john dodson who wrote (26172)	11/12/1998 6:02:00 AM
From: akidron	Respond to of 70976

"OT" Yes but it's cost me more $$$$ than any single bet, ever (wiped out most of my trading profit this year.) In general my thought process goes like this. Expectations were reduced in the wake of the various crises, and then exceeded slightly, by the co's that had reduced them. This coupled with the two rate cuts and ultimately wasteful stock repurchasing, has persuaded the bulls that the battle is won, even though none of the structural problems in the market have been solved. It is my opinion that these well documented problems will eventually cause great damage, and my time-scale is the next six months, but it is not a popular opinion, and so far it has cost me tremendous upside opportunity. But strong foundations euphoria does not make, and in the upswing much of the evidence of the bubble has reappeared