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 : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (38651)	10/18/2000 8:35:20 AM
From: sam	Read Replies (3) \| Respond to of 57584

I'm done. Sold everything. All stocks caput. Buying gold. ;)

To: Rande Is who wrote (38651)	10/18/2000 8:35:54 AM
From: Rande Is	Respond to of 57584

CPI up 0.5% and the core CPI up 0.3% [the highest since March]. . . these are both substantially higher than expected. The markets have strangely ignored these numbers. Futures have barely changed since the numbers were released. Very odd behavior for such dramatic numbers. I have no explanation for this. Any ideas?

To: Rande Is who wrote (38651)	10/18/2000 9:39:30 AM
From: Shroom37	Read Replies (3) \| Respond to of 57584

Rande, This market sucks! It's still pre-market and I'm down 5K. I give up! As soon as the last of my sell orders are filled I'm heading for the Bay for a bit of Fall sailing. Going all cash for now. Maybe I'll buy some more gold. I'll look to buy back in when the market turns. How does that sound, anyone want to go sailing with me? Course the way things have been going lately I'm sure there will not be a breath of wind and we will just drift.... probably into the South (lower) Bay! Shroom

To: Rande Is who wrote (38651)	10/18/2000 10:00:36 AM
From: George Burdell	Read Replies (1) \| Respond to of 57584

Dow under 10K, NAS soon to be under 3K. These markets are toast!! The equity markets are drying up for new investment, and any tech companies that aren't self supporting (profitable) are going to go bankrupt, which is going to drag down the profitable techs too. Here in techie Austin, there are going to be a lot of people out of work, which means they'll move somewhere else to find work. This will kill the real estate market, which will in turn cause some banks to collapse. I'm putting my house on the market today, because prices are going to crash and it will be cheaper to rent. I'll put my money in T bills, and hope that the goofy schemes Gore and Bush are proposing don't screw that up too. It's going to be at least ten years before the markets are safe again, and then we'll be looking for 10% a year, not 40%. I'm capitulating today, right now, never looking back. OT - Rande, I sincerely hope the only thing that matters brings you immense joy tomorrow. Good luck.