The Critical Investing Workshop 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.

Non-Tech : The Critical Investing Workshop

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Voltaire who wrote (18225)	5/11/2000 8:11:00 AM
From: limtex	Read Replies (2) of 35685

Vol - Well here we all are and having fun ...sort of a bit like being in the 1st class lounge on the Titanic in April 1912. Whats all this water doing in here? Whats all the noise about why are all those people runing about on deck in the middle of the night??? I don't like to disagree with you but I don't think its the houses this time. They are going to get whacked along with everyone else who didn't get out. No this time it is Mr Greenspan who it is clear is now not going to ease up till he has broken the back of the the economy. It is that dawning realization that is causing investors both individuals and fund managers to stay out and get out when they can. If the market was going up as fast as it is going down you can be sure that Mr Greenspan or one of his colleagues would have been out there screaming about the wealth effect or exhuberance or something equally negative. Now with a near panic and many innocent people seeing their life savings dwinldling by the day does he come out and say anything calming....well does he? Anyone seen anything or heard anything from him. People will remain scared of buying anything until this man is sated in his desire to break the economy. He has several times admitted that he doesn't quite uinderestand why it has been so robust and so it seems to me that it is entirely conceivable that 8% will not slow it down and neither will 9% ..so then what?? Is there any sign whatsoever that the economy is slowing?? Not a jot of it if anything the opposite despite the rate increases that there have been. And inflation the big item has been oil and only oil. And what effect do you think that a prospective rate of over 8% will do to the market? Wall St will cease to exist. Best regards, L

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next