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Technology Stocks : Semi Equipment Analysis
SOXX 306.14+0.4%Dec 24 4:00 PM EST

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To: Return to Sender who wrote (11366)9/2/2003 5:26:24 PM
From: BWAC  Read Replies (1) of 95632
 
<The only conclusion I have reached is that this market advance may be sustained a lot longer than those of us who want to buy stocks cheaper might like.>

It will last as long as the nearly free and endless money supply lasts.

In the mail today, over $100k worth of no fee credit card offers for balance transfers and "just write yourself a cash advance check" all with Zero % for terms ranging from March 2004 til April 2005! (Yes 2005)

Then I get a solicitation for this: blowingrockproperties.com
10 wonderful mountain acres for $800,0000. And I own the other side of the pictured ridge and can't even get a timber rep to come look about thinning it. Yet somebody is obviously fixing to plunk down 3/4 million in cash or debt for 10 acre "exclusive" tracts of land that the owner bought 3 years ago for $5,000 per acre?

Its the twilight zone. Party on. Party lasts as long as Greenspan keeps the money flowing and rates low. Boom to bust. Bust to boom. Turning more and more of those in the middle to dust each time.
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