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.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.310.0%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: gfs_1999 who wrote (74867)4/13/2001 4:19:34 PM
From: American Spirit  Read Replies (1) of 99985
 
One obvious point to remember. With low-low rates stocks are still the place to put all that extra money. That and real estate. And some companies pay dividends which will be greater than money market rates. Bargains? Some of them. Also those who want big gains long-term have got to go with tech at these prices. It's the only place where you will likely outperform the market. Unless this energy crisis gets blown out of proportion in which case energy stocks might out-perform. So people will be buying both. Expect it. And with last week's rally it feels a lot safer now to buy on dips without fearing the floor caving in under you.
Lots of money is in IRA's which are the true long-term investment. Most people don't use them as trading accounts. So why not buy techs low even it takes a year or more to recover? LU or CSCO or T or whatever could be back at $70 in five years. Even the mega-bears can't deny that. And that means 500-1000% gainers. beats low-interest money markets.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext