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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Vitas who wrote (37205)	2/6/1999 12:46:00 PM
From: SE	Read Replies (6) \| Respond to of 94695

That could definitely be part of my hestitation to get long. I hope we get a nice solid bounce somewhere that is shortable. Just seem to prefer the short side in this market..... Well, the article still was bonechilling. I have a book on the history of the MERC. In the middle there are some pictures. One of the pictures is the S&P500 pit after the close and as I read the article it was in the forefront of my mind. In the picture there are several people mulling about all with blank looks on their face, almost as if they are taking one last look at the place. In the middle of these people there is one trader sitting on the steps with his head in his hands. No doubt he lost everything on that day. The magnitude of something like that day is enormous. I remember that day. I was in law school at the time and a class had just let out. I was walking through the lounge area and someone mentioned to me the market just crashed. I shrugged my shoulders and basically said, so what. Ah what a difference a decade makes. Had I been interested in the markets on that day I would have been like a sponge soaking it all in and no doubt would have skipped any class I had that day. It would have made for a better excuse than the one's I came up with normally. Simply remarkable. To think, I hated history in school....this history though just fascinates me. -Scott