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 : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (3356)	1/7/1999 12:39:00 PM
From: TechTrader42	Read Replies (1) \| Respond to of 99985

I had you pegged for a bear. No, I'm not a bear. I'm of the opinion that this market will go up forever. It's the new paradigm. If there are no earnings, or if they're disappointing, we can simply base valuations on estimates pushed farther and farther into the future. Frankly, I think AMZN is way undervalued. I think it's a steal at 160. After all, 160 seems much cheaper than 480. I think all stocks should be required to split now, so the market can attract even more buyers. For the next wave of buyers, I suggest IPO's in soup kitchens -- maybe even Internet soup kitchens, which would allow one to never enter the real world. For a dime, soup would be delivered to your door. It would be a virtual-reality Great Depression. We'd never really have to face up to it. Brooke

To: Jorj X Mckie who wrote (3356)	1/7/1999 1:10:00 PM
From: TechTrader42	Read Replies (1) \| Respond to of 99985

In fact, I'd say this is a new virtual-reality market. Virtual prices needn't be concerned with actual earnings -- not even with actual companies. I see no reason why these prices can't be sustained in a virtual setting. The important thing is that prices keep going up, to attract more and more buyers, to keep prices going up, to attract more and more buyers. Each new high in the market is a new buying opportunity. It's a virtual certainty that it'll keep going up and up and up.