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 : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: sea_biscuit who wrote (9364)4/18/2000 7:33:00 PM
From: Kirk ©  Read Replies (1) | Respond to of 42834
 
One could argue we had two successful tests on Monday of the low set on Friday which breached the NASDAQ low set on 4/4/00

I think this chart shows it pretty well...
chart.bigcharts.com

Especially in the NASDAQ
chart.bigcharts.com

where we had the "speed of light time compression bear market"

None of the Monday Down Volume buckets were equal to that of Friday.



To: sea_biscuit who wrote (9364)4/29/2000 9:58:00 AM
From: Kirk ©  Read Replies (1) | Respond to of 42834
 
Kudlow says:

"The rising stock market is indeed creating wealth, and that wealth is propelling capital investment and productivity higher and higher. With the production of more goods, and greater worker efficiency, inflation remains mute even while growth soars. All, of course, in the context of a steady dollar."

cnbc.com

He argues that the "wealth effect" is making capital cheaper so it is cheaper to put new capacity online and thus the wealth effect is disinflationary.

I like this line:

Stanford University economist Paul Romer calls this the "New Growth" model. It stems in large measure from the information technology boom, and it has not only transformed the U.S. economy, it is also transforming economic analysis. If only economists would keep their eyes open.

"New growth"?