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.
Technology Stocks : America On-Line: will it survive ...?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: chenys who wrote (3137)5/16/1997 9:24:00 PM
From: James F. Hopkins   of 13594
 
Hi Chen: she closed just about were I thought she would, hope she
gets on down to 45 or 44 by wed next week..first set of calls at
45, holding some back up to get more if she goes lower. Unless something changes she will continue this rolling up trend for a
while..but she is due to go down some more before making a new high
for this year..
Lot's of people disagree with me but I see Greeny giving us another
rate hike next week..a good bit of that got priced into the market
today, if he don't hike the market will rocket up.
It's got little to do with inflation..thats just smoke..they got to
keep the dollar up somehow..and they got to sell bonds to run the
government..the trap is set..still the market will climb..untill
the ponzi effect created by the funbdums stops kicking in..as long
as there is inflow into mutual funds that money has to chase stocks
higher..when big layoffs come..and the unemployment rate climbs
dramaticaly then money ( savings ) will slow down..and withdrawals
from funds starts kicking in then the stocks will really fall..
in short the market is being propelled by the money going into
mutual funds..let that flow slow then look out below.
Wish I could get a inflow amount daily, you can bet someone is
looking at it..
Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext