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 Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (76713)	11/22/1999 6:59:00 PM
From: Ken98	Respond to of 86076

I love some of these quotes: <<NEW YORK, Nov 22 (Reuters) - U.S. stocks rose on Monday, sending the Nasdaq composite index to its 14th record close in 17 sessions, as Wall Street cheered the appointment of a mediator in the government's antitrust action against Microsoft Corp.... ``We have basically run out of bad news. The Fed has had its meeting and raised rates.' Among the speckles of bad news in the broader market, the 30-year U.S. Treasury bond's price dropped 13/32, or $4.0625 on each $1,000 of face value. ... Analysts said bond traders feared a jump in oil prices -- which hit a nine-year high of more than $27 a barrel -- would create enough inflation to warrant another interest-rate increase from the Federal Reserve. But others on Wall Street mostly dumped cold water on the concerns. "It is kind of a short-term fluke," Kugel said of oil prices. In fact, the new PaineWebber index of investor optimism showed that a growing number of investors are turning bullish on financial markets. The November survey showed that 73 percent of investors say now is a good time to invest in the market, compared with 64 percent in October. In the broader market, declining stocks beat out advances 2,190 to 908 with 866 million shares traded on the New York Stock Exchange. There were 256 stocks at new lows and 65 at new highs.>> biz.yahoo.com I'm going to print and save this article. If there ever was a sign of a top this article would rank as one of the better ones. "We have basically run out of bad news..." "Sort of a fluke..." "73% optimism..." Oh, and buy the way, there were 2,190 stocks down and only 908 up today. But that does not matter because we all own the same 15 stocks and they all went up. Les, thanks for posting the article, it always informative. Regards, Ken.