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: Les H who wrote (23774)	8/25/1999 9:25:00 AM
From: James F. Hopkins	Respond to of 99985

Thanx Les;edit They need to keep churning the news don't they <G> It makes for more trading and commisions and spreads for the stock pimpies, the dollar is up and taht may offset things. Futures are up too likely on the dollar move. Jim

To: Les H who wrote (23774)	8/25/1999 10:55:00 AM
From: James F. Hopkins	Read Replies (1) \| Respond to of 99985

Les; You really hit that one on the head, the banks are getting killed but the naz is holding, man msft is getting some money tossed at her

To: Les H who wrote (23774)	8/25/1999 2:18:00 PM
From: Fun-da-Mental#1	Read Replies (1) \| Respond to of 99985

IMO the Bank One drop is a pivotal event since it indicates the beginning of a credit crunch. Consumer spending has hit a wall and this will have a double effect on the stock market, first of all because it will lower earnings, and secondly because people won't have surplus money to buy stocks. There seems to be a battle developing between inflationary and deflationary pressures. It doesn't matter which wins out, we're passing the peak of the business cycle. That's how it looks to me. Alternatives? Fun-da-Mental