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.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Greater Fool who wrote (50686)	4/15/1999 8:07:00 PM
From: KeepItSimple	Read Replies (4) \| Respond to of 164684

>I'm not sure how you conclude from volatility, record volume, whipsaws, and >reversals that tomorrow is D-Day. Ever see that famous film of the giant suspension bridge that started to oscillate in the breeze? Cars kept driving across it all day. Then the wind picked up, and the harmonics of the motion fed on itself. Finally, the bridge started twisting back and forth violently, in a whipsaw fasion, and snapped apart. That's exactly what we're seeing in the market, especially today. A common problem in complex electronics systems is feedback, where minute changes can cascade and feed upon themselves until all hell breaks loose. With millions of daytraders now affecting the market in tiny chunks, on a seconds notice, the "system" is falling apart. Just as democracy would fall apart if every law was voted on every second by mass computerized polling of the population. There's a reason congress is so slow and plodding, it is designed to have time for reflection. (Instead of mob rule and rash judgement) Instant day-trading by the masses is causing our equity markets to "break" on a fundamental level. I am sad to say I can't think of anything that will fix this.