The Naked Truth - Big Kahuna a Myth Message Board

STOCKTALK

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.

Pastimes : The Naked Truth - Big Kahuna a Myth

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pater tenebrarum who wrote (80518)	12/20/1999 5:36:00 PM
From: Rarebird	Read Replies (1) of 86076

< One has to wonder what will do it...> Heinz, the fundamentals divorced themselves from stock prices years ago. All the bimbos of the USA, all the mindless wonders of the world, are now invested in Internet stocks. They may be naive and greedy, but their sure stubborn and their money talks. Gold has done well considering....It just can't compete when Growth outstrips inflation. Growth is greater than 5.25%. It may take 6 more rate hikes to do it. A Frenzy like this does not end all of a sudden. Not when the Pavlovian Dogs have been conditioned and programmed to buy every dip. The fundamentals died years ago. Are you looking for a Resurrection of the Fundamentals to bring share prices back to more reasonable levels, like Dow 4000? I wouldn't count on that any time soon. Perhaps in the second half of the next decade.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next