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Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?


To: Edwarda who wrote (35445)4/19/1999 10:59:00 PM
From: Dayuhan  Read Replies (1) | Respond to of 108807
 
Amazing how quiet SI gets after a bad day on the Nasdaq. Everybody must be off licking wounds. Each other's wounds, I hope for their sakes.



To: Edwarda who wrote (35445)4/19/1999 11:07:00 PM
From: jbe  Read Replies (2) | Respond to of 108807
 
I was joking about "Armageddon", Edwarda. Of course it is not as bad as that.

You may indeed be right about a generation that has never known a real crash, and has little awareness of what "due diligence' means. (In fact, if SI posters are typical of such "greedy and ignorant" types, then many of them don't know how to spell it, either. How many times have you seen: "do diligence" -- as in doo-doo?)

But what bothers me is something else. Even if you DO your "due diligence", and buy stock in truly solid companies, you will probably get hit just as hard as you would if you only owned junk.

I am still enough of a newbie to scratch my head over the irrationality of it all. Perhaps the problem with the "untested" generation is that too many of its members are traders/speculators, which might help account for that irrationality.

Joan