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.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Harmond who wrote (90089)1/7/2000 12:18:00 AM
From: Lucky888  Read Replies (2) | Respond to of 164684
 
There is no way for the market staying down for too long with the inflation rate so low. I will be really worried when I see an inflation going up and up.

The futures not looking too bad.

L.



To: Bill Harmond who wrote (90089)1/7/2000 2:22:00 AM
From: 16yearcycle  Respond to of 164684
 
"What concerns me most is that this is happening in early January, just like the oils in 1980, Japan in 1990, etc. I think there's more to this than a simple correction like last spring."

I think this is a legitimate worry. However, I think we are simply going to give back the top 1/2 of the run from 2900 on the nas and then go into a range. If housing is slowing, a series of rate hikes may not be in the cards.

The dow and nasdaq were horribly out of balance with each other and it is quickly being handled. I would bet we achieve some stability after the initial Lu driven panic in the am.



To: Bill Harmond who wrote (90089)1/7/2000 11:08:00 AM
From: Robert Rose  Respond to of 164684
 
<I think there's more to this than a simple correction like last spring.>

The '99 correction was largely a response to a very uncertain interest rate environment. A normal valuations adjustment appears to be a larger component of this pullback. I'll take the technical factors in play now over fundamental factors like interest rates as the chief cause of a correction any day.