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Technology Stocks : Semi Equipment Analysis
SOXX 288.52-0.3%Nov 14 4:00 PM EST

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To: Donald Wennerstrom who wrote (12396)11/5/2003 10:28:36 PM
From: BWAC  Read Replies (1) of 95420
 
<bonds will get killed on that day>

TLT. Bond ETF.

Didn't Goldman say today that rates would be held steady til early 2005? (Or Nasdaq 5000. Whichever comes first)

Btw, No I don't believe the numbers. They don't correlate to what I see happening out there.

My obvious disgust comes from the continously out of balance economy that Greenspan keeps enabling. The boom to bust cycles he is enabling and encouraging are highly detrimental to most people. Sure you can buy a house cheap. Sure you can rack up market gains if you get out before he seeks to kill it. But the flip side is retired people who desire not to be in the market have had their income cut by half or more. And the countless people Greenspan has enticed into easy credit hell and into whatever crap stocks are flying. So right now its RIP for people who stick to bonds and interest income producing assets. next on the agenda will be the burial of everyone paying 50PE for stocks cause the inverse interest rate of 2% dictates it.

So my disgust and distrust comes from the damage I see coming thanks to these wildly unbalanced monetary policies.
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