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.
Pastimes : Home on the range where the buffalo roam

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: solihull who wrote (252)5/7/2001 10:52:23 AM
From: solihull  Read Replies (1) of 13815
 
Re: Why cash is trash (a note to myself)

i thought I would never say those words again after going through 3/00 - 4/01
but that's exactly what I'm becoming more and more convinced of

i used to think tech was more powerful than the Fed
nothing can stop the telecommunications boom
as a result, i screwed-up in not getting out
of equities in 2000 when all the signs said to bail
market was heading south and Fed was AGAINST me

now the opposite is the case
a seriously motivated Fed (remember 1991)
weak employment numbers (remember 1991)
one factor driving determination to spark economy
the entire list of ingredients we have here
are more compelling to be in than out
the market is in a potentially explosive state
the signs now are not saying to bail
there is no conclusive evidence economy is going
over the cliff
the Fed is more powerful than you think

the only thing to fear now
is fear itself

j
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext