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.
Politics : Formerly About Applied Materials
AMAT 268.87+4.6%Jan 2 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: michael97123 who wrote (57626)12/17/2001 11:20:27 AM
From: robert b furman   of 70976
 
Hi Mike,

I'm not sure - I t hink it shows an underlying flow of money into equities - since it is by default the only game in town.

Since passive income is dead and going lower with possible future rate cuts looming more probable than rates going up/ the feds bias.

I think people are taking positions with the understanding that a turn is imminent out there in 02 - sometime. So people are taking positions with a longer time frame acceptance - once again because it is the only game in town.

That being said,the current earnings are not going to be good.That creates a wonderful wall of worry for Wallstreet to climb.

I think it is always scary but the down side is being supported by low rates,short covering and a turn out there in 02 - that keeps coming closer and closer.

BWDIK

I guess we watch the market too closely to understand every move.ggg

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext