Semi-Equips - Buy when BLOOD is running in the streets! 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-Equips - Buy when BLOOD is running in the streets!

LRCX 142.62

+2.2%

Nov 21 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joseph Beltran who wrote (5304)	5/6/1998 8:15:00 PM
From: MikeM54321	Read Replies (4) of 10921

Well as I write this, Indonesia is down ANOTHER 4-3/4%! Pure meltdown is happening again. Here's what Bill Fleckenstein has to say tonight (not even taking into account the current up-to-the-minute 4-3/4% loss): >>May 6, 1998 Market Rap with Bill Fleckenstein Asia was clubbed again last night(Bill means Tuesday). Indonesia was down about 5 percent. Malaysia and South Korea were both down about 4 percent, while China was weak for the second night in a row. Japan finished their first trading session following the holiday with a loss of over 2 percent. Most of the weaker countries continue to get crushed (by weaker, I mean those markets that got in the most trouble last year). By and large, the rallies that we've had in those countries have round-tripped. Once again, all those folks that have said Asia is behind us have been proven dead wrong. The financial market bounces have ended and the economic deterioration is starting to gain speed. As most people know, there has been dramatic civil unrest in Indonesia and Korea. There is no rational reason to think that things are going to get better anytime soon, as these problems slowly work their way towards our shores....<< Should be interesting to see what happens in the next month or so. But I have to caution you, Bill has been negative for at least two months or so(I think?). I just haven't really given him a lot of attention until recently. I've always liked his writing style and that was mainly why I have been a loyal reader. Now he is either making sense or getting to me? Bill reminds me of Cramer(Street.com), but Bill talks about what "may" happen. Cramer is always jumping on what "already" happened. Both tend to hyperventilate(in a good way) which is pretty amusing. MikeM(From Florida) PS Anyone find any links to historical charts of stock market indicies of foreign countries?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next