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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Bill Holtzman who wrote (27498)7/29/1999 11:09:00 AM
From: Teflon  Read Replies (2) | Respond to of 74651
 
Yes Bill, it was the Hamptons. Gosh how I hate that traffic, though...why, did your hear a random stranger throwing the joke around at some party and think one of your Threadmates might have invaded your private world <<LOL>>?

Regarding my perspective on major threats to the Market --- I'm still trying to figure that one out. I am not as concerned about rising wages as many are, yet the fact that AG and the rest of the FED seems fixated on the issue does heighten my concern somewhat. As far as the "Productivity" discussions are concerned, I don't think that AG went far enough in discussing the potential effects of continued productivity gains on the economy, as well as the likelihood that productivity gains might increase as opposed to worrying about it topping off and possibly declining.

Good old AG, he's terrific at going down the long road of "what ifs" when it comes to inflationary concerns, but he always falls short when it comes time to discuss the potential for increased good news as a direct result of the new paradigm we seem to be enjoying in the US Economy today.

In short, I think the Market is extremely healthy, and pull backs like today should represent terrific buying opportunities when adopting a long term approach to investing in the Market.

Teflon