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.
Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?


To: William Hunt who wrote (26662)10/25/2000 3:06:41 PM
From: Sonny McWilliams  Read Replies (1) | Respond to of 27012
 
Bill. Yes, getting out of the market last spring was or would have been the right thing to do. But I have never been out of the stock market all the way, once I invested in it, and I did not want to start this time. It was the wrong choice. But I guess I could not believe that the market could be driven down like this while the economy was doing so well.

And yes. AG's rate hikes def. put the whammy on the stock market. I always agreed with that. I always said I did not see inflation and don't fix it if it ain't broke. I am a believer in the theory that high interest rates cause inflation and depressions or deflation. Maybe the economy will be stronger than we think and the market will come back. Especially if the FED will lower the rates. But I am not holding my breath on this.
Actually I don't think that things are that bad. First we were a little too optimistic and now the analysts are going too far into the other direction. And now I am sure they are pretty upset with this new disclosure law. Like I said the other day. Could be revenge of the -----. gg. There was no reason for much gg's lately, so I decided to take it here twice. gg.

More about your other post later. That article is pretty long. I looked it over but have to do it again.
One thing that caught my eye. 80 dollars a month for health ins. Not bad. I pay more than that on my GVT ins.
Of course, that does not make it easier on these retirees. I hate to think what would happen if all this is taken over by the GVT. We may do alright but our children and grandchildren? This mess also proofs, that no matter what, you got to save more for a rainy day and this means investing. Not that investing into the NAZ looks too great today. But if you start when you are young. Well, we all know this song.
What did our early settlers do when they became ill? I guess those were the good ole days.

Yes. We need a reform in Soc.Sec. and healthcare.

What a lousy market again today. It is getting insane.

About getting out last spring and AG. Pl. read my post to Yaacov.

Sonny