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Technology Stocks : Internet Capital Group Inc. (ICGE)

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To: Tunica Albuginea who wrote (614)9/23/1999 6:03:00 PM
From: Billy   of 4187
 
You say "no current inflation" !!!
That kind of thinking by the investing public is exactly what's going to eventually break this market.

To the contrary, Inflation is NOT dead. It's just hiding in equity prices. Sooner or later the FED's going to find it and watch out. In fact, they may already have found it and that is why they'll probably raise rates again in Oct.

How long do you think that it'll take for the stealth oil shock we're having right now to work it's way to the front page?

We'll correct for now then have a reasonable holiday rally. The Internuts and "E" stocks will do well. Everyone will then wake up Sat. morning, Jan 1st, flush the toilet to see if their water is still on, check the cash balance in their trading accounts and then all rush back into the market on Monday morning. Jan. 2000 will be one of the great, true January affects of all time. But watch out after that !!!

Buy the E-brokers in early Q1 to play the surge in trading volumes, but don't overstay your welcome.
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