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 : MARKET INDEX TECHNICAL ANALYSIS - MITA
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lizzie Tudor who wrote (15509)12/11/2002 2:14:07 PM
From: eddieww  Read Replies (1) of 19219
 
"but to claim that the trillions lost in the naz from peak down represent a dollar for dollar decline in consumer spending is quite a stretch..."

Did someone say that? I must have missed that post. -g-

I promise I would have laughed as hard at that as I did at dvdw's earlier.

My friends had appr. 10% of their total wealth in those CSCO shares. Now they have appr 1.8%. They, of course, have incomes, but they currently have a savings rate about zero. So they do in fact have money to spend, which they do. However, their net total wealth has been reduced by appr 8.2%.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News