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.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: American Spirit who wrote (46555)4/15/2000 7:48:00 PM
From: Jill  Read Replies (1) | Respond to of 99985
 
So many different opinions! :-)

Maybe I'll check the news.

I know, tons of earnings coming out this week--but they didn't make a dent last week, so...

I have to do at least some selling. I'm thinking about how much.



To: American Spirit who wrote (46555)4/15/2000 9:57:00 PM
From: John Madarasz  Read Replies (2) | Respond to of 99985
 
Saturday April 15 3:31 PM ET Clinton Calms Wall Street Fears

SEQUOIA NATIONAL FOREST, Calif. (AP) - President Clinton reassured Americans about the economy after Wall Street's sharp plunge, saying Saturday that ``I still think we're going to have a very good year' with modest inflation and strong growth.

The president said the investment climate and markets ``will take care of themselves. I think that they'll go up and they'll go down but I think long-term trends are quite positive.'

He spoke with reporters briefly after setting aside 388,000 acres of land to protect giant sequoia trees.

Speak your mind
Discuss this story with other people.
[Start a Conversation]
(Requires Yahoo! Messenger)

A day earlier, stocks plummeted in heavy trading as inflation jitters helped push the Dow industrials down a record 616 points. The Nasdaq composite index also took a record fall of 355 points.

``Everybody that invests their money will tend to look at what it is likely to look like over the year,' the president said. ``All I can do is try to keep the economy strong and that's what I'll do.'

He said the projected inflation rate for the year ``is still quite modest and the projected growth rate for the year is still strong.

``If we stay with our economic policy and the American people's productivity continues to increase, as it is going to, I still think we're going to have a very good year.'

dailynews.yahoo.com