Winter in the Great White North 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 : Winter in the Great White North

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: WillP who wrote (2590)	7/19/2002 4:05:06 PM
From: teevee	Read Replies (2) of 8273

Back to 6500? So, I should list you as an optimist? yes. From the Post: Markets: Dow gets slammed By ROMA LUCIW Globe and Mail Update Stocks sat sharply lower through midafternoon Friday, with Wall Street touching fresh lows as investors reacted to gloomy outlooks from a slate of tech biggies and a criminal investigation into a big-name U.S. company...... "Money managers are getting calls saying, 'Just liquidate my holdings. Raise cash," said Will Muggia, manager of the Touchstone Emerging Growth Fund. "Part of the fear is that there's no place to hide. People are selling everything that hasn't gone down yet." It can be argued that stocks today are more expensive than at the height of the bubble when taking into account the true cost of options and factoring in pension fund liabilities and lower earnings. Dow 6500 could be overly optimistic.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next