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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: PaperChase who wrote (66261)	8/16/1999 2:41:00 AM
From: JF Quinnelly	Respond to of 132070

And what if long term interest rates are rising due to market demand? Greenspan could keep his rates right where they are, but long rates will react to the demand for money regardless of what the Fed does. Inflation isn't the only input driving up interest rates.

To: PaperChase who wrote (66261)	8/16/1999 6:44:00 AM
From: LLCF	Read Replies (1) \| Respond to of 132070

<it is the pros like me that understand that it begins and ends with the banks and their lending. > Are there potential paradigm shifts to watch for that might portend an endogenous end to the bull? For example a pull back in lending due to companies reduction in investment [credit demand] creating a SOFTER job market in the mid-upper range. Or perhaps a pullback in lending due to further default increases that seem to be going parabolic? DAK

To: PaperChase who wrote (66261)	8/16/1999 8:58:00 AM
From: Oblomov	Respond to of 132070

But a true "out of the box" question would be phrased: What will need to happen for you to buy more and increase your positions amid recent positive earnings reports? Fair enough. Lower prices would help. -g- To be serious, however, I think that most stocks are overvalued at this point. I hold some CNXT, JDSU, and ASA but would be willing to part with them if they weakened. I am sitting on a large cash position, and would accumulate stocks such as HIFN, HLIT, and RFMD on a pullback. Software and computer services stocks such as NETA and CHRZ look attractive here - I may pick up some shares in the near future. I am looking for an entry point in the high 60s to short GS. AA