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 : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (12644)3/21/2000 5:40:00 PM
From: sea_biscuit  Read Replies (1) | Respond to of 15132
 
Brinker had said that the upside potential was limited to 5%. That means S&P can go up to 1542 or so and no higher.

Very interesting. Time alone can tell whether Brinker was right or whether he joined the ranks of the Georgia Peach Bear, the Montana Grizzly Bear, Chicago Honey Bear and others that he used to love to make fun of all these years...



To: Justa Werkenstiff who wrote (12644)3/21/2000 6:48:00 PM
From: Investor2  Read Replies (2) | Respond to of 15132
 
The Fed said: "Economic conditions and considerations addressed by the Committee are essentially the same as when the Committee met in February."

Which means: "The February rate increase didn't even phase the economy or the stock market, so we'll raise rates again and see if that does anything."

The market said: "It's going to take more than a bunch of old men playing games with interest rates to stop this great earnings growth."

It's a game of Chicken ... Who will back down first?
Will the Fed finally get tired of being characterized as old fogies who don't understand the advances in technology? Will they give up this silly game of raising of interest rates?

Best wishes,

I2