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.
Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: BGR who wrote (12822)2/24/2000 10:48:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 42523
 
i told you NOT to try to explain it. you're wasting bandwidth as they say. as for the U.S. stock market, you may not have noticed it, but THE MARKET as a whole is in precipitous decline since April '98.

the handful of stocks holding up the indices in the meantime see their number dwindle by the day...as evidenced by the fact that only the speculators paradise Nasdaq is still holding up.

perhaps YOU should look at a few charts.

as for the dollar...i have no doubt that it will plummet eventually. the imbalances are simply too great...a current account deficit of 400 billion AND a strong currency can not be sustained forever, especially when the central bank is printing like there's no tomorrow.
the ECB shows a lot more restraint, as evidenced by money supply growth in the Euro-zone. it is too fast, but not as fast as in the U.S.

and btw, it's not our fault that you can't recognize a speculative mania. that's YOUR problem. you don't have to read this thread if you don't like it.



To: BGR who wrote (12822)2/24/2000 11:07:00 PM
From: Ilaine  Read Replies (1) | Respond to of 42523
 
And how has your S&P index fund done in the past year? A little tiny bit better than money market, so far . . . .