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.
Gold/Mining/Energy : transcanada pipelines (TRP) -- Ignore unavailable to you. Want to Upgrade?


To: bill who wrote (213)12/5/1999 10:47:00 AM
From: Steve  Read Replies (1) | Respond to of 292
 
I hate to say that my entry point for TA & TRP are $12 & $14 respectively. In fact I already put my buy orders in.



To: bill who wrote (213)12/5/1999 4:49:00 PM
From: SofaSpud  Respond to of 292
 
Value??

I'm starting to ask myself just what that is exactly. I won't pay 50x earnings for anything. Guess that just proves I'm stupid.

The market sure seems to be pricing in some more interest rate hikes. IMO there is a lot of "inflation" pressure in the system -- if by "inflation" you mean increases in the CPI. As one example, commodity prices are extremely well correlated with the CPI down the road.

I've heard people talk about as much as a full percentage point hike in the next two quarters. Surely that's got to burst the tech bubble. OTOH, how much downside is left in EBC.A or LDM? (I hate to post that question -- every time I ask it, the market gives me an answer I don't like).

Anyway, misery loves company.