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.
Politics : Formerly About Applied Materials
AMAT 223.95+1.7%Nov 21 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: blake_paterson who wrote (25771)10/27/1998 5:34:00 PM
From: Jacob Snyder  Read Replies (2) of 70976
 
Brazil teetering :

1.US bank stocks with Latin American exposure way down,
2.capital flight continues unabated, ignoring attempts by Fed/treasury/IMF to build a firewall around Latin America
3. government vigorously denying devaluation rumors
4. government politically unable to cut deficit spending, as they know this will cause a recession

I think this will be the proximate excuse for the market to fall off the right shoulder. I don't expect dow 7500 to hold.

lots of us short-term bears out here. Even Justa is dabbling in puts, although he hates to be called a bear.
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