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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: QwikSand who wrote (25579)1/3/2000 12:10:00 AM
From: cfimx  Read Replies (3) | Respond to of 64865
 
i think it comes down to printing money qwik. i have $200 now that i need to spend cause the atm's work and nobody ran them ( well maybe jc's buds did) but since the kids are alright now, greenjeans needs to turn off the press. i don't know the technicals.

here's the problemo. if you and jc keep buying corel and sun.com and everyone else follows the smart money and does likewise, your freindly neighborhood bond buyer (the old guy) will sell his bonds or won't buy new ones. why? because everyone is getting rich. when they get rich, they spend money on range rovers. speculators can afford a range rover now. last year they were making $75k or $100k fixing y2k problems. this year they can buy a cobra (that's a car right?) this kind of stuff worries old guys who buy bonds, and me.

So, as your fluffy stuff keeps going up he buys less bonds, and sells more of the ones he has. Repeat three times.

The bond is down again tonight. If stocks go up, bonds go down. can you say 1987?