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  • RasputinRU RasputinRU Sep 23, 1999 9:53 PM Flag

    Yes, the bear market is here!

    It is across the board except for oils, gas, and
    gold stocks. How long will it last? Now that is the
    question! Where have the buyers gone? Just sitting on the
    side-lines waiting for a bottom, a bottom that may never
    come. They were right, again I have been suckered.

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    • Why is this? I want to know.

      Jonesy said:
      >>...Besides i thought INTC was ahead of itself

    • ses.

    • Let me ask it again for you:


      How is the Bozo one of the richest men around yet
      poor slobs can't make one red cent in profit??

      Doesn't anyone think that there is something
      wrong with this picture??

      Actually, It is really
      pathetic. Beyond comprehension.
      I thought you only
      compensate when appropriate. UNREAL.

    • somewhere. ROFLMAO. They just don't get it and
      probably never will. HEY NEMESIS Where are you?

      clown said 190 by xmas.
      That NEM deserves to get compensated by AMZN.

      AGAIN just my humble opinion. HAHAHAHAHA.

      be the most stupid bunch of MORONS I've known.
      AGAIN just an opinion.

    • least, in the long term. Look at it this
      way. The trade deficeit is expanding, yes. But the US
      economy doesn't just *spend* wealth, it *produces*
      it--and at a far greater rate than it spends it. The
      reason the market is overvalued is because it's flooded
      with money from IRAs, 401(k)s, and various other
      pension and insurance funds. Where's that money going to
      go? Savings accounts at 2% interest? CDs and bonds at
      5 to 6% interest? Savings bonds? Mattresses? I
      doubt it.
      My scenario--and I'll be the first to
      point out that I'm not an economist or any sort of
      expert on the subject--is that any pullback will simply
      be the result of people pulling back--not out!--from
      the market and looking for bargains. Tomorrow may
      well be Black Friday. But the money has to go
      somewhere, and it won't sit on the sidelines for long. Next
      week, in my humble opinion, will be the Blue-Light
      shopper's heaven.

      • 1 Reply to BunyipJim
      • you? I mean a real one, maybe you have. Where did
        the money go in 29, where did it go 87? It is just
        numbers on a playing field in space. Real money tends to
        go to the safety of bonds, CDs, back to banks,
        com-paper, T-bills, money market accounts, gold, property,
        oil and gas, Japan, and Europe. A lot of it just
        disappears. It is like this, you purchased a car for 100.00,
        and you have to sell it for 10.00, where did the
        90.00 go? It is the same when you purchase a stock for
        100.00 and no one wants to buy it for 100.00, so it
        drops, no one wants to buy it for 50.00 so it drops, no
        one wants to buy it for 25.00, so it drops, you sell
        it for 1. where did the 99. go? Think about it. It
        is all based upon value my good friend. It is only
        worth what you can sell it for. When the buyers are no
        longer buying what happens, the stock drops. Sure every
        month people invest in their 401k, pension plans, so
        on. Some of these plans lose money, just like munis,
        and so on. You are only fooling yourself if you
        believe that it could not happen. When the sellers
        out-number the buyers you have a problem. We have a problem.
        The sellers out number the buyers. Yes there are
        buyers out there, but not nearly as many as the sellers.
        Everyone wants to make a profit so we are all potential
        sellers. The problem is we all or most of us want to sell
        now before October and make a profit but there are
        not as many buyers to pick up the stocks at the
        current prices. I watched the market today. I saw the
        buyers come in but there was not enough so the market
        just kept dropping. I am talking about the DOW. The
        NAS was full of buyers this morning but by this
        afternoon no one wanted to buy. Tomorrow, there will be
        blood in the streets because every one still wants to
        sell, the buyers are believe that there is a lot more
        room for the market to fall before they can pick up
        the bargins. Look, I am not happy that the market has
        fallen and will continue to fall. It does me no good nor
        helps any one.

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