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 671.910.0%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: HairBall who started this subject7/8/2001 2:51:54 PM
From: t2  Read Replies (1) of 99985
 
Some good news for the equity markets. Not expecting many IPOs. Of course, it also depends upon whether we have a lot of secondaries. The one thing I have noticed that there appears to be more bond offerings and less stock secondaries. In asset allocation models, the supply of stocks has to decrease ...assuming that insider selling lets up a little.

The direction of the market is dependent on money flows to a great extend...that is the only reason to believe that a company like Yahoo would have traded at over 100 times REVENUEs. Not going to see a bubble probably for another decade.

The lack of new offerings combined with an investing public that wants to stay in the markets has to be positive for the stock market. That could create a floor for the markets.

Just wonder if it is enough to cancel out the bad earnings news that we have been getting...and expect to get.

IPOs: Slow Summer Makes for a Nasty Yearhttp://biz.yahoo.com/rb/010708/business_markets_stocks_ipos_dc_2.html
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext