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.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (8877)9/26/1999 10:18:00 AM
From: Steve Misic  Read Replies (2) | Respond to of 15132
 
Justa,

It seems to me that the Internuts are strong every quarter up to at least YHOO's earnings. CMGI reports tomorrow, and could start a rally or a slide judging by the big spread between the estimates.

Message 11362316

I have tried to call the program to ask Bob if the current run up in the I-nuts was the only thing holding up the market recently.

Enjoy your thread as much as the radio program.

Steve



To: Justa Werkenstiff who wrote (8877)9/26/1999 9:16:00 PM
From: Carl R.  Respond to of 15132
 
How well do non-daytrader internet investors do as a group?
Message 11365534

As an internet investor, it is easy to make certain changes in your investment behavior that will affect performance:

1. Over-trading (we all do this, don't we?)
2. Thinking we know more about a stock than the market (sometimes we do, sometimes we just think we do <g>)
3. Not diversifying enough
4. Investing in more speculative issues than we otherwise would
5. Investing with too high of expectations and too short of time horizons.

Carl




To: Justa Werkenstiff who wrote (8877)9/26/1999 10:02:00 PM
From: Justa Werkenstiff  Respond to of 15132
 
This weekend Brinker viewed the probability of a Fed. rate hike in October at 50/50. A look at the Fed futures contract suggests the bond market sees the risk as almost non-existent at this point through December. So if the Fed does raise rates or we have a bad number suggesting a future hike, the stock market will be vulnerable:

US Federal Reserve: Bloomberg Central Bank Watch


Washington, Sept. 24 (Bloomberg) -- The following is a summary of bond market and interest-rate activity tied to the U.S. central bank:

Money Market Rates -- Sept. 24, 1999

The federal funds rate, the interest rate charged by U.S. banks on overnight loans to other banks, fell 13 basis points to 5.25 percent, the same as the Federal Reserve's target of 5.25 percent. The Fed's policy-making Open Market Committee last month raised the overnight bank lending rate a quarter-point to that level after raising it also by a quarter point in June. The FOMC's next scheduled meeting is Oct. 5.

The implied yield on the fed funds futures contract for October delivery fell 2 basis points to 5.27 percent, 2 basis points above the target. The implied yield on the December contract fell 5 basis points to 5.32 percent, 7 basis points above the target. The spread between the yield on the futures contracts and the fed funds target suggests investors think the Fed is less likely to raise the overnight bank rate again by December.