SI
SI
discoversearch

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 : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Stoctrash who wrote (5810)3/30/2001 5:28:36 PM
From: FR1  Read Replies (2) of 6531
 
FredE - you are right in what you say but there is also the other side:

1) GE has to invest Joe4Pack's retirement money. The fund managers handling the account may be mostly in cash right now but they will have to invest sometime. I think the fund managers representing businesses and unions make up most of the investable money. All those funds are sitting there with tons of cash waiting for the right time to put money in the market.

2) There has been 3 cuts and every time in history this was done there was at least a 20% rise in the market within the year. Also note that the 3 cuts were each 1/2 point as opposed to the 1/4 point cuts going up (except the last one). We may be the first exception but it is unlikely.

3) There are no world wars, oil is kind-of under control, inflation down, etc. In general, the market conditions are not that bad.

4) At the top of the market last year at this time, I was stupid enough to get swept up in the euphoria of the bull market. This is exactly like that for the bears.

INHO,
FED makes money so expensive the economy collapses.
FED makes money so cheap the economy goes up.

I hate the FED for doing this but it is reality and the old addage "don't fight the FED" will be proven true once again.

BRCM problem, like all others in our field, is that the big guys are up to their eyeballs in debt and there is inventory glut. In our favor is the fact that demand is still strong and BRCM is a king in its field. You might slow down the roll out of big pipes but people are dialing up like carzy to get set-top boxes installed. I don't think the glut can last a real long time. The PCs have already caught up. When the stock moves it should move fast.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News