Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Monty Lenard who wrote (21427)	7/29/1999 5:58:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 99985

Hi Monty; Long time no touch base, did you see my new Dollar Volume Index, it's a twist from the head tail thingy. Real short term but works good. We likely get a gap up in the morning don't know if it will follow through. I noted today's drop was over 50% right at the open much like a gap down, it looked after that some accumulation started, maybe a bounce coming but longer term I'm still bearish. Unless the dollar gets up off her butt we will get more downside. Please right your friends and tell them a lot of people are real nervous about the so called tax cuts because of a so called surplus; and there may not be any taxes to cut if the bond buyers get worried about default. Seems they have a short memory about what happened in 90 and early 91 quote.yahoo.com if that happens now we could lose 30% of the market, ( and value on every thing we own including our homes ). You can't just cut taxes without cutting spending "first" putting the cart in front of the horse is what they have always done, if there is a surplus get rid of the debt as the service on that debt is already killing us. The kind of tax cut they are talking about leads to default on the debt, I don't know why people think it can't happen, as it damm sure can and the only way out of it is a runaway inflation. --------------- People think that S.S. and Tax is killing us but what is really killing us is Interest well they say it's not all that high, but they don't understand leverage as it's not just the rate you look at it's the rate X the amount of debt over 30% of all taxes collected are being used to pay interest on that debt, and it's by far the biggest expense the Government has. We are literally giving our money away as fast as we can to cabol of investment bankers who are using the BOJ as a front to lend us trillions of dollars borrowed from the BOJ for zero interest.. it's the biggest heist of all times ever in the history of the world tell them birds in Washington to get serious about being an American instead of just warping themself up in the flag. ------------------------ Worry about a tax cut after they stop all the damm corruption and put a plug in the dam outflow. 1 A TOBIN tax on the crooks, 2 resend the ability of any one to buy U.S. securities with borrowed money. 3 Dig the #1 traitor of the century up from his grave "Nixon" and hang the sucker. He helped start the Yen carry scam, and you will note from that time on the debt went ballistic. Nothing we can do will check it if we don't get rid of the hole that was made in the law that allowed it. Now the above might not be the reason "Reagan" called Nixon a S.O.B , and I have it on tape. But if Reagan ever got anything right he did then. Jim