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- 10 June 2007
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the whole market is in a general malaise.......we have iconic figures declaring on national tele they've bailed their stock holdings on a government sponsored network, the same body (govt) that attempts to have everyone into the stock market by decree....likely the greatest activity at ASF is during or just after major highs in indices....so it is with major lows and we need to go lower and flush out the dearth of enthusiasm and general cynicism that seems to pervade everything........just look at the general media who reflect all that dark-attitude-is-cool syndrome.......we have a weak government that needs to go because we need to see change not necessarily have change, just see it.....we most likely need an event to mark a low, a peak of anger for a decent flush and allow a new attitude and new ideas to flourish......amazing that we have, live with, we are on the cusp of some of the greatest inventions with amazing technologies compared to 3 decades ago when a rotary landline phone was considered normal yet today with all the availability of web access and largest participation of public involved in the stock market there is this huge black spot.......all chat sites/rooms do is reflect optimism or apathy......how often does the live chat room get used, how much are people enthusiastic about communicating?
the challenge for most traders is to have awareness of this period.....
for a marketing/advertising site like ASF this is the cyclic downturn......there are several sites i visit across the globe and they are all going through similar cycles to lesser degrees depending and reflective of their major indices.......it's a business ebb and flow that most sites don't understand as a normality because they go through it so rarely......unfortunately band-aid efforts can't fight the nature of the business but can through observation allow surviving sites to build on needs of the visitors and like any evolving business model the site, to thrive, needs to morf in accordance with it's largest product, the members......
the challenge for most traders is to have awareness of this period.....
for a marketing/advertising site like ASF this is the cyclic downturn......there are several sites i visit across the globe and they are all going through similar cycles to lesser degrees depending and reflective of their major indices.......it's a business ebb and flow that most sites don't understand as a normality because they go through it so rarely......unfortunately band-aid efforts can't fight the nature of the business but can through observation allow surviving sites to build on needs of the visitors and like any evolving business model the site, to thrive, needs to morf in accordance with it's largest product, the members......