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  • Jettababe18 Jettababe18 Oct 29, 2009 10:54 AM Flag

    Similarities to the correction of June, 1983

    you are stuck in the past and change is getting tougher on you. out with the old way of thinking and in with the new. forget about the days of carrying a telephone in a briefcase. forget about trying to short this stock, cream will rise in any market and you know Click is a leader and winner in today's technology.
    get on board or the ship is going to leave the dock without you. think about your retirement, old man.

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    • "think about your retirement, old man."

      Said a mouthful there, 'babe. Especially when you are committing critical funds into 'growth stocks' that play games w/ the backlog and bookings #'s in an apparent attempt to mask a sudden lack of said growth. Not to mention ambiguous claims of future "wins".

      Judging by price action, not many are fooled, notwithstanding the unceasing efforts of the blatant and egregious pumpers that infect this board.

      Which leads to a more general question more interesting to me. Are the manipulative people who constantly use Yahoo boards to try to seduce people into buying or selling a given stock really most accurately classified as Evil Internet Trolls?

      I say YES. Certainly no rational person believes price can be moved for more than a few seconds by posting, so personal gain can be no excuse (unless the MM's pay you by the post).

      And any idiot that thinks they are such a genius that they are doing people a "favor" by giving advice are surely disabused of that notion quickly by the market reality.

      So what excuse? OCD?

      • 1 Reply to dpass109
      • realinvestmentstrategies realinvestmentstrategies Oct 29, 2009 12:18 PM Flag

        Speaking of message boards, you are right that some people use the boards to manipulate others, they might spread rumors & on & on, to create the up and down movement of the share price.

        I am just a private investor who does this for a hobby. I enjoy analyzing and trading stocks, and I enjoy the debates.

        You can use message boards effectively as you get to know the posters. Test a few of the long termers, and you will get a feel for who is lying, who gives their best answer, and who has common sense.

    • realinvestmentstrategies realinvestmentstrategies Oct 29, 2009 12:12 PM Flag

      Babe, while I realize there is more than one way to skin a cat, I find looking at historical patterns useful, because history repeats itself.

      I started following stocks in my teens, and remember the 1973-75 market well. It's what made me so confident in buying more speculative stocks earlier this year. They were so oversold it was ridiculous, and history has shown that these cycles always end.

      But now we've had quite a run up and it looks like we are dangerously close to a correction that could last quite a while. Part of my reason is seeing what Click and a few others did when their financial s were released. It's the same way that 1982 bull market paused in June, 1983. That positive market psychology seems to have reversed.

      Of course no one is right all the time. In fact if we could be right just 55% of the time, we would make a mint.

 
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