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.
Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?


To: Voltaire who wrote (2530)2/4/2000 3:31:00 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 35685
 
Philip Roth from Dean Witter on CNBC
he said
"$30 billion cash has come into stock funds since Jan1st, and yet stocks are down... this is a black hole, and the explanation is rising interest rates"

I think he missed the biggest factor
Houses distributed stocks on a massive scale
heck, they dumped stocks on the market
as you say, Houses allowed (if not forced) retail investors to catch the falling averages

amazing how dense the experts can be sometimes
nah, most of the time
the welldressed jackass probably pulls in $500k
/ Jim