Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: Arik T.G. who wrote (5126)	6/2/2000 4:08:00 PM
From: pater tenebrarum	Read Replies (3) \| Respond to of 5676

ATG, LOL! your view jibes exactly with mine...no soft landing for the overheated bubble economy, sorry. the tortured logic that arrives at the conclusion that 6,4% falls in durable goods orders and 4,8% falls in factory orders are somehow good for stocks is really amazing... note that within the durable goods report this little item was buried: <<Within the durable goods category, orders for electronics and electrical goods slumped a massive 20.2 percent to $35.69 billion. That was the steepest drop on record and followed an 8.9 percent gain in March.>> i guess that's why everybody is buying technology stocks again...:) reminds me a little bit of the denial phase in Japan after the initial drop in 1990... regards, hb