Intel Corporation (INTC) 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.

Technology Stocks : Intel Corporation (INTC)

INTC 49.09

-0.3%

2:47 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Patrick Koehler who wrote (22804)	5/25/1997 3:07:00 PM
From: kas1	of 186894

Patrick, that's kind of interesting. I hope I'm not putting words in your mouth, but what you're saying seems to be that crashes are the way the market adjusts to macro-trends: cheap credit in the 1920s, computers in the 1980s, and mutual funds in the 1990s. Empirically, though, I think the consensus is that mutual fund investors (the 'little guys') actually stay put pretty well through downturns, and some of them are actually smart enough to put money IN their mutual funds when there's a downturn ("average down"). And so, given this, I'm wondering what sorts of stop valves we can institute? We got over cheap credit with the 50% margin requirement, and over computers with the 50-point cooling-down rule... and it seems that the disaster we're trying to prevent is something akin to a "run on the banks" that used to happen in the bad old days. So maybe the proper regulation would be something like a 30-day waiting period between you calling in and asking to cash out your mutual fund and them actually selling the shares and giving you your money? This is really, really interesting.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next