SI
SI
discoversearch

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.
Pastimes : CTSL -- Ignore unavailable to you. Want to Upgrade?


To: christopher who wrote (1275)4/21/1999 1:53:00 PM
From: BelowTheCrowd  Read Replies (1) | Respond to of 1354
 
Christopher,

I'm with you.

These days the nets are (for better or worse) mostly leading the rest of the techs, or at least trading with them.

The belief that "his" portfolio will rally, but nets will fall off is just NOT grounded in the reality of the moment.

I'm convinced we will EVENTUALLY see that happen, but not until there is a massive change in psychology about these stocks. A 25% hit isn't going to do it, we've had those before and these stocks have always bounced back to new highs.

Not sure what will eventually break it, but continuously calling a "top" is a definite losers game for now.

mg



To: christopher who wrote (1275)4/21/1999 5:07:00 PM
From: tonyt  Respond to of 1354
 
<<Hey I saw Murphy on CNBC yesterday claiming the net rally is over...boy what a break...it's so rare to get a clear signal on which way some stocks are heading...I'm buying all the nets I can get my hands on!!!>>

Wrong-way Murphy does it again!