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.
Politics : Formerly About Applied Materials
AMAT 230.77+0.9%Nov 12 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jacob Snyder who wrote (56991)12/6/2001 8:22:10 AM
From: michael97123  Read Replies (2) of 70976
 
JS,
Of course another gem of a post from JS.
Obviously the war has much to do with the new bubble. To pay for a war that will have the scope and dursation of this one, inflation is desirable i guess. So the fed wont be killing this bubble any time soon. But what concerns me is not the bubble per se, it is the fact that the bubble is patched up. It is not a sturdy bubble at all. It leaks and its hard to keep inflated. Makes me worry that this recovery that will come earlier might not either the legs or the depth to hold up these valuations. Market falling in spite of inflationary policy would be a disaster for a nation at war. With that possibility in mind the key question becomes, how high will we go. According to cary i am clueless, so i will ssk you this question again because you have the ability to think outside the box. Top for this market will be:
a. 2080
b. 2350
c. 3000
My only suggestion would be to look at the calender as an historical guide. Tech usually strong thru the winter months. Weakest period starts april i believe. So if march lets say is the furthest out top date where could we go?

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