PineyRidge,
I have to agree with you on the 6% bond interest, but it can't go down forever! I think that the GSoros $500M made have not only had the immediate effect, but may be an indicator for other investors! ( read that analysts ) For us, ( the little guy ) we will bounce around a bit, but I think we will continue up. One of the reasons that I am 'bullish' ia that as the Y2K problem gets closer, I think that there will be the misconception that a computer will fix the problem! In many cases, a 'new box' ( read the DELL!!! ) will be Y2K compliant, and if the ISP's ( internet Service Providers ) are Y2K compliant, along with the NYSE, and NASDAQ stock exchanges, and banking systems (for the most part) the world community will have to 'ride out' this storm. It is estimated that there are 25 billion chips involved, and while only 5-10% are supposed to be affected, that is still a bunch! There is not enough time to get to all of the places the chips are used, and get them replaced. ( There aren't enough engineers to get the job done! )
What I find most interesting is all of the people that for years have predicted the crash of society in the year 2000 could not have possibly considered a man made object, the computer, as being the trigger, since it hadn't been invented! JMHO ;-)
Regards,
Ken |
