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.

Pastimes : Alan Greenspan MUST GO: -- Ignore unavailable to you. Want to Upgrade?

To: Archie Meeties who wrote (170)	6/7/2000 11:36:00 PM
From: BWAC	Read Replies (1) \| Respond to of 494

<See you next time the markets correct.> Does pointing out bad policy have to be associated with a market correction? It really makes no difference. Raising Interest rates had little or no effect on anybodys spending habits except for those which could hardly afford to make ends meet anyway. And I assure you, capital gains and the market are far removed from their mind. Who can save a dime to invest, when your $30K median household income was barely supporting the family to begin with. And then the Fed adds $100 per month to your adjustable rate mortgage and another $100 to your consumer debt and the used car you bought for the 16 year old. Not to mention you had saved for that teens college education and invested conservatively in banks and consumer conglomerates only to find yourself down 50% at fire sale prices. Meanwhile, the gamblers and speculators and daytraders continue right along bidding crap companies to insane Billions in valuations. Creating the illusion that the whole entire market is overvalued. Which it obviously isn't as US AIR got a 110% premium bid. And many other fine companies are trading at PE's well under 10 and damn near book value. But hell no, the MARKET is overvalued. Got to attack the gamblers, speculators, and daytraders with interest rates to cure this. It is all just pure baloney. The interest rates disproportionally affect those which can tolerate the extra expense the least. It is a bad policy period. Market up or down. Get out of your protected money shell and objectively look at the state of the less fortunate in your community.

To: Archie Meeties who wrote (170)	6/8/2000 12:57:00 AM
From: Master (Hijacked)	Respond to of 494

Archimedes, Tell me, did you really buy into all that inflation crap? Did we really need to see all those economic reports to tell us there was NO problem? When was the last time you got a pay raise? "AG is out of your fantasy jail...." Actually, it is not a fantasy. He indeed should be jailed. Unfortunately, most here are too blind to see what is really going on. Ever hear of the movie "Wag the Dog"? In that movie the President attacks another country to create a diversion so the media would basically get off his back. What does that have to do with AG and interest rates, you ask? Well, think about it. In our situation we were lead to believe that we were fighting an enemy (Inflation). Could it be that AG's motives could have been for reasons OTHER than those presented to us, average joe investors??? Who really benefited from the market crash of last couple of months? Surely not the little guy. When the little guy was squeezed out who was picking up his shares? We are suddenly being told that it is safe to get back in, that it was a False Alarm. Upgrades are coming from everywhere. The little guy is now buying back his shares at prices 20, 30, 40% higher than what he sold them for just weeks ago. Who is pocketing the difference??? Does the word MANIPULATION mean anything to you? Could it be that all this bull$hit was intentionally orchestrated? Take the time and seriously reflect on some of the questions I raised. Don't simply accept everything that is said to you without raising questions. Oh, and remember one thing, this is not an issue of LONG versus SHORT. To put it bluntly, it is an issue about getting SCREWED or NOT getting screwed. Therefore, both Longs and Shorts should be fighting together against these SOBs who are Screwing us. Vince

To: Archie Meeties who wrote (170)	6/8/2000 1:48:00 AM
From: Master (Hijacked)	Read Replies (1) \| Respond to of 494

In my previous post to you I had suggested that AG might have had a different motive for attacking the markets the way he did. Someone recently informed me of the existence of a secret group called The Bilderbergers. Now, I must admit that I am not much on conspiracy theories. However, I do not dismiss the possibility of the existence of a group of businessmen influencing world politics and global economics. AG recently attacked investors who were suddenly finding fortune in the markets. WHY??? I asked myself the question, what is wrong with average investors making money with stocks? For many years investors were told to put their money in the bank, or buy Bonds, and in recent years, buy Mutual Funds. These investments would yield anywhere between 1% to 10%. The internet suddenly opened the door for the average investor and gave him direct access to the markets. With this instant access, average investors quickly learned that by investing their capital themselves they could earn the same amounts that the big boys (brokerage houses) were earning. Only difference being that they got to keep it and got to buy the fancy "Beamers" instead of their brokers. So again the question remains, what is wrong with average investors making money with stocks? My layman's point of view is that money is Independence. It is certainly much easier to control a population who is in "need" than it is to control one which is Financially Independent. It is much easier to tell your boss to wash his own dishes when you have a million dollars sitting in your bank account. Is it possible that the "Enrichment" of Americans raised the ire of those Bilderbergers or other similar groups???? Vince