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.

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

To: marc ultra who wrote (8918)	9/28/1999 6:08:00 AM
From: Boca_PETE	Respond to of 15132

marc u : Thanks for your thoughts. I have no objection to your sentences. P

To: marc ultra who wrote (8918)	9/28/1999 11:07:00 AM
From: Hank Stamper	Respond to of 15132

So from a technical perspective--market unable to move beyond the area of the old highs concomitant with distribution--the market demonstrates topping-like behaviour. From the perspective of fundamentals, BB has said many times over the last six months that the requisite conditions for a substantial move higher, include lower interest rates. One would assume that lower rates would also be accompanied by growth in money supply. Is this not the key? So what are the prospects for lower rates and money supply growth? Lower interest rates will only occur if business cools off substantially. However, one of the legs holding up the highly valued market is record corporate profits. Take that away and the platform--the stock market--will fall. This is a sort of Alice situation. She encountered the Gnat who told her about the Bread And Butterfly--its food was weak tea and milk. Since its body was made from a sugar cube, Alice saw a problem: if it drank its tea, it would dissolve and die. If it didn't drink, it would starve and die. The gnat's response was impirious and instructive: 'Oh yes, they all die.' A classic double bind. That, I think, is the current status of the market--in order to go up it has to go down. Ciao, David Todtman

To: marc ultra who wrote (8918)	9/28/1999 1:51:00 PM
From: marc ultra	Read Replies (1) \| Respond to of 15132

Kudlow shows himself to be the market lite weight ideologue he is. CNBC says he is blaming the veto of the Republican tax bill for the market fall. Hey Larry, this veto was known to be happening forever now. I guess the liberals can come out now and say the market drop is due to the Republican tax bill. Anyway in fairness I haven't had time to read the actual piece on CNBC.com. Also guess what, Ralphy is turning negative now that the market is down. He's still the best trailing indicator on the planet Marc