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Non-Tech : The Critical Investing Workshop

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To: abuelita who wrote (24420)7/5/2000 11:58:22 AM
From: Jim Willie CB  Read Replies (1) of 35685
 
I figure Rambo is probably over half done in its profitaking
might have seen its worst already
got to 102 today
100 has two zeros in it for support
who knows?

these downgrades of Oracle and Intel seem contrived and opportunistic
yeah, semiconductors look fantastic for the next three years
been hearing that for weeks and weeks
now suddenly trouble on horizon
I doubt it

my only concern right now is the "soft landing" scenario
the Federal Reserve has never engineered one
why are so many people confident that this time is different?
we havent seen the effects of the last three hikes of 100 bpts
almost always, the first cracks are seen in weak corners of the world
like in small emerging economies in Asia
some guy on CNBC said "cracks are showing in smaller economies" this morning

Leading Economic Indicator this morn was minus 0.1% mild
good news for the Fed to see
Saudi Arabia is supporting increased oil production
they want to see $25 per barrel
such a price drop would be tremendous for economic stability and inflation calming

Dow turned positive, would like to see Naz head toward even
glad you finally can post on public side
/ Jim
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