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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (28371)10/15/2000 10:51:43 AM
From: Andy Thomas  Read Replies (2) | Respond to of 436258
 
yes there is the question of inflation... perhaps that will keep the whole thing afloat. i do believe that in that case, going forward a lot of people are going to start getting annoyed at the increasing rent, grocery, and fuel prices which will be a side effect of the market bubble.

i've seen it already... one thing 'they're' doing (as someone here pointed out already) is - instead of raising prices on a grocery item - shrinking the size of the package.

for instance, some canned drinks are now 11.5 instead of 12 ounces.

questions of inflation aside, it bothers me when a bunch of liars can bamboozle a greedy public. on the other hand perhaps the public at large will get exactly what it deserves in the end; at least buddhists think so.

i'm simply tired of the lies; maria telling me that a company with a 500 or whatever p/e is something i should 'invest in.' ... the president talking about the 'strong economy' when there aren't enough freeway ramps to house all of the panhandlers these days.

as i drive by the 'clintonville' underneath the viaduct here in seattle i think of the 'strong economy' and say to myself, 'what a racket.'

here on the eastside they've just finished special freeway ramps to facilitate moving traffic in and out of msft (40th st. ne). the 'freeway,' sr520 is jammed with traffic, much of it those idiotic explorer (exploder?) type vehicles. it seems funny to me that traffic is _so bad_ and all of this construction is going on, right at the time when msft has already passed its zenith.

i remember working at msft back in the early '90s... it and the surrounding area were almost 'magical.' the company was relatively small, and the traffic not a problem. now it's as if all of the streets of bellevue are a semi-parking lot during most daylight hours.

the intersection of 24th ne and 148th ave ne is probably the busiest in america.

again... this is all happening _after_ msft has passed its zenith... it simply looks like a big 'crash' in the making.

andy



To: maceng2 who wrote (28371)10/15/2000 11:03:53 AM
From: LLCF  Read Replies (2) | Respond to of 436258
 
<But what about inflation? The very fact that Big AL is printing every day makes it almost certain the "indexes" will increase because there is more money!>

Inflation has been discussed at length in the past... maybe it's been a while... couple of points:

1.) The accellerating inflation period is NOT kind to stocks historically.

2.) According to the popular press at the moment, this bull market is based on low inflation/ high growth. So actually you're arguing the bear case.

3.) Gold is followed closely here, and many expect it to explode as the fed's pumping takes hold.

DAK