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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: tradermike_1999 who wrote (424)	10/31/2000 10:10:32 AM
From: marginmike	Respond to of 74559

In a slowing economy these areas perform worst. in actuality certain areas of Tech, if priced right, would be the safest place. However people are in denial. The Credit markets are in a hectic state. this occured arround the time of before the Asian crisis as well.Its just a matter of one currency blowup and reality will be here. Oil prices in fact are saving many third world countries from disater by providing forign curency. I still say we rally a few months but by FEB I would be really surprised if more negative news didnt hit.

To: tradermike_1999 who wrote (424)	10/31/2000 3:58:03 PM
From: Bo Le	Read Replies (1) \| Respond to of 74559

Post President Election Stock Market Rally I think the stage is set for a nice rally. The catalyst will be the end of president election on Nov.7. Here are my reasons: 1. Interests rate will certainly not raise anymore if not start to going down. Based on recent economy data, the Fed has done its job to slow down the economy. 2. Oil price to go back to its normal range. Even the winter is just started, but since Wall Street is always 3 - 6 month ahead, the oil market will soon trade based on what expect to happen in next Spring. 3. Middle East crisis is close to an end after more than 3 weeks blood on the street. All parties in Middle East want peace. Once the initial rage calm down, they will go back to negotiation table. 4. Investor confidence is at its lowest point since 1998 Asia economy downturn. Most yesterday's high flyers are now down 90%+, even though many of them are have a future brighter than ever. The three round Nazdaq corrections this year are painful and extensive enough to bring many companies at very attractive valuation now. The recent selloff in past 4 weeks have fund managers's hands full of cash. 5. It will not be a fact (but will be a catalyst for market to start rally) to have either Gore or Bush win the election. If Gore win, then the Wall Street will cheer that the Clinton economy legacy will continue. If Bush win, the Wall Street will also cheer based on its perception that GOP is more pro economy and stock market. Can we see Nazdaq at 4500 by next March? I believe so. If we want to catch the next raising tide, let us make sure we don't miss it when it comes. My two cents. Bo