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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?

To: RocketMan who wrote (20946)	4/16/2000 11:00:00 AM
From: Bob Zacks	Respond to of 29970

A good case for tech stocks and the current market situation. messages.yahoo.com

To: RocketMan who wrote (20946)	4/16/2000 11:17:00 AM
From: Ahda	Read Replies (1) \| Respond to of 29970

Is the Fed so uncomfortable with letting the economy take its own course that it must exacerbate natural cycles and create unnatural booms and busts? Is the IMF now making the US pay for Japan's excesses, inefficiencies, and cronie capitalism by creating for first a boom and then a bust? Japan is now on getting on her feet and in a period of mergers and acquisitions. Internally there is consumer demand and exports are increasing. The need for tech positions is as great there as here. I view Asia as saving the US from out of control inflation It was due to the low cost of production there that we flourished as we did here. This is why China's entry into the WTO is so important it will continue to diffuse inflation for us. I believe long range that transport costs are going to become an issue and oil will boom far beyond what it has now. Hopefully tech will produce a solution to this as energy demands will increase due increased consumption in Asia.

To: RocketMan who wrote (20946)	4/16/2000 11:30:00 AM
From: Paddler	Read Replies (1) \| Respond to of 29970

So, after a year of rising rates, and with the Fed apparently on autopilot even at this late date, is a bust inevitable? Can't say if the market will crash or not, but from my perspective, the economy is still booming. Business is great and there are no dark clouds on the horizon. All profitable businesses I know are making huge investments in their infrastructure, to capitalize more on the future. I think one positive consequence of this market correction is successful business people will now shift more attention to growing their own businesses rather than their stock portfolios.

To: RocketMan who wrote (20946)	4/16/2000 12:27:00 PM
From: ahhaha	Read Replies (2) \| Respond to of 29970

Let's see. The dollar is topping, but so are rates. Inflation is rising, but so are rates. The stock market is dropping, but so are rates. The economy is both accelerating and slowing at the same time, but so are rates. I gave this Alice in Wonderland nonsense to show that rates don't matter. So it all comes down to rates. In 98 it all came down to the Fed's pumping of the money supply, and here we are with this bursting bubble. The only bubble that is bursting is the stock market greed bubble. That has nothing to do with economy regardless of the superficial connection between the spending habits and stock markets paper profits. That aspect of the wealth effect is not the complete meaning of wealth effect. The real meaning deals with resentment among the lower economic half towards the presumed wealth of the upper half. That has yet to be tested and is far in the future. So, after a year of rising rates, and with the Fed apparently on autopilot even at this late date, is a bust inevitable? It is extremely remote of a possibility. The economy is slowing as we speak. I can feel it and hear it. The mean freeway noise amplitude has fallen adjusted for fuel prices. The economy wasn't growing faster than its inflation-free capacity, but at faster and faster rates of growth the risk of rapid change to inflation increases and so the FED tries to get ahead of game by creating financing pressures at the margin. The effect of this can be seen in the DOW whose many components have been in a bear market since 4/98 and which just completed. Is the Fed so uncomfortable with letting the economy take its own course that it must exacerbate natural cycles and create unnatural booms and busts? They're justified within the context of how they understand economy to do what they've done. They can't let 1980 repeat. My complaint for more than 20 years has been that they interfere with the market's pricing of money and gradually and inadvertently create an 1980 which they seek to avoid. What they do now is benign in comparison to what they did, and they follow the market to a far greater degree. They actually have no choice. Errors are still committed though when FED officials panic like in October '98 and then they try to undo a previous error. The effect is to exacerbate natural cycles as you mention, but there is no way that they will trust free markets. They don't believe the people in economy have the fortitude like we in the market to hold in a sell-off. They don't trust the slobs. Is the IMF now making the US pay for Japan's excesses, inefficiencies, and cronie capitalism by creating for first a boom and then a bust? The IMF is entirely irrelevant like the world bank and other socialist fronts. The purpose of these entities is to secretly divert some of the world's wealth to benefit the few royal elite that still slink around the planet. It is very important to appear to the public to appear to be doing good. Then you are exempt from any prosecution. It's quite a scam which will be exposed some time in the future so that others can look like they are doing good and exempt from... I don't know if you have proved it, but I agree, there's nothing left to say. Of course I proved it. In all those words I didn't say anything. That was the point. Isn't that the point of all spinning? Well, except that the technological revolution still appears to be in place, in spite of this disfunctional market. I think you have hit it. That's a valuable material conclusion. Take it under advisement and act accordingly. You're a rocket man. Prepare for the blast off.