Stocks Crossing The 13 Week Moving Average <$10.01 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.

Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bucky Katt who wrote (8486)	4/22/2001 5:36:36 PM
From: James Strauss	Read Replies (1) of 13094

"It is a developing worldwide event, due to the huge expansion of questionable/easy money loans done over the past decade. Did anyone forget the PGE problems of the past few months? Argentina? Russia? Turkey? And throwing more money at the problem isn't the best answer either, just take a look at the Japanese N225 over the past 11 years, and they have virtually a zero rate of interest, although the real cost is very high, but that is another story...." William: You first mentioned Argentina on March 12th... You were ahead of the curve... : > We have some interesting forces at work in the market... The surprise rate cut signals a warning sign that Alan Greenspan sees something... It may be Argentina and or huge inventory problems that could spell huge writedowns that could spell drastically reduced operating margins that could spell a big round of layoffs to reduce expenses that could spell less money in the hands of consumers that could spell more consumer charge debt, and so on and so on and so on... How's that for a run on sentence? : > I think we are safe to 11000 on the Dow and about 2250 on the Nasdaq... Then comes the moment of truth... Will there be any visibility in the sector by sector revenue and earnings numbers to power the indexes higher or will there be a realization that the "Over The Hill Gang (The FED), is a day late and a 1/2% cut short... Tune in next week for the ongoing saga of "Alan, What Have You Wrought?" or "What will Wrong way Wayne Angell say next?" : > Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next