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.

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

To: The Perfect Hedge who wrote (6143)	12/20/1998 10:51:00 AM
From: Lucretius	Read Replies (1) \| Respond to of 14427

bees, you think all the charts are going to scream... "time to sell" before a major crash? Doubtful. On the contrary, they will likely seem to be getting ready to break out to higher levels... except they never do and bomb instead, catching many off guard. The nature of a crash (by definition) is that most are surprised by the ensuing deline. With everyone using charts today for investing and relying very little on earnings or fundamentals, it seems appropriate t me, that most chartists would lose their shirt on the next decline. The signs will be there of course of weakness before the crash, just as they are there now. But those that are greedy will cling to "one last rally then crash" as they buy in at the top. Remember, those that buy at the top often times see trouble coming, they are just arrogant and think they can squeeze out the extra 5% or so on the top before it rolls it over and will know before everyone else when it is time to leave. Sorry, not for me. I respect the mkt too much. -Lucretius