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 : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lee who wrote (98193)2/3/2000 8:27:00 PM
From: Road Walker  Respond to of 186894
 
Steve,

Your leveraged positions sound like a good plan.

Today the tech's, which derive their capital from sources other than banks, rallied. Basic industries, that are interest rate sensitive, declined, even though LONG bond rates declined dramatically.

The ultimate benchmark of the value of credit (read money), the 30 year T Bill, has suddenly been questioned. The credit markets are the base of everything, a very small amount of the economy is cash. At this point in time, in the credit markets, nobody knows up from down.

MHO, there is going to be a lot of fallout in the coming weeks. If this is good or bad for the equity market, I have no idea.

But leverage sounds like a good idea.

John