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


To: pater tenebrarum who wrote (77309)11/30/1999 10:20:00 AM
From: BGR  Read Replies (1) | Respond to of 86076
 
Heinz,

Good to know that you came out ahead in the QCOM trade. Still, I can see that you love to live dangerously and make money the hard way. :-)

Well, Japanese interest rates did go negative at some point last year! Why not the NASDAQ, then? After all, Mohan said that all technological advance and productivity gains are a myth, right?

Hey, how come so few are buying houses compared to last year in this booming economy? Could it be (the horror!) that the economy is cooling from the 3 rate hikes as mortgage rates have gone up a full point in some places? Could it be that those trashing bonds now will be wrong, yet again, just like last time when the wild predictions of 6.5% on the long bond ran rampant in this thread, followed by towel racks being tossed around? <VBG>

It is sad, however. Increasing margin requirements would have cooled the equities market down rather than making it harder for those on 35k/annum salaries trying to buy their first homes by jacking up borrowing rates (no, this is not an original thought, I stole it from James Galbraith's article in thestreet.com). However, I hear that margin requirements are going down. Recipe for more daytraders going broke, IMHO ...

-BGR.