Semi Equipment Analysis 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.

Technology Stocks : Semi Equipment Analysis

SOXX 270.83

+1.0%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Proud_Infidel who wrote (30207)	5/1/2006 5:48:25 PM
From: Return to Sender	Read Replies (1) of 95456

I thought when I read the first set of comments that Bernanke had overstepped since the economic data clearly shows a very strong economy. While inflation is manageable in most areas the actual commodities that are truly important to the economy are at or near record high prices. There is a hand off taking place in the stock market as insiders and institutional investors unload their stocks into the hands of unwary retail investors. The action late in the day may have been surprising to most here but it was the prior comments made at that congressional testimony that were clearly responsible for delaying the sell off. In my humble opinion there will be a more substantial sell off as Bernanke and the FED unwind the housing bubble and finally slow the economy enough that oil and the other important commodity prices fall: investorshub.com Right now the economy is so strong that workers are demanding higher wages. Don't get me wrong they should get them instead of the continuation of the rich getting richer with cheap stock options and golden parachutes when they retire. Unfortunately it doesn't work that way. If wages go up even as unemployment falls then the FED will continue to raise rates until it becomes clear that Bernanke is a Hawk and not a Dove to all concerned. Even when the FED does pause it will not necessarily mean they are done raising rates. Even when they do stop the market may not rise. I remember the last bear market very well. The FED had to lower rates far too low to get the market going. They may now overdo it again on the other end by raising too far. Clearly Bernanke cares more about how the media interprets his comments than he does about how his comments on the media reaction are interpreted by the market. Or maybe he just wants to be the puppet master. Look what I can do. I speak and the market rises. I speak and I make it fall. Like I said dopi! RtS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next