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 : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?

To: amadeus who wrote (23806)	12/20/2000 8:23:16 PM
From: Lazarus_Long	Respond to of 24256

Good point. Lots of money chasing stocks for at least two reasons: (1) the Fed had been expanding the money supply for quite a while (2) when Asia got into trouble, the US was seen as a safe haven because it had a stable government and a good economy

To: amadeus who wrote (23806)	12/20/2000 8:33:34 PM
From: akirasawa	Read Replies (2) \| Respond to of 24256

I dont see much devation in our posts.....Yours is far more eloquent, but the message is the same. Capital chases growth, but the price of growth surpassed every conceivable metric. Reality is the ultimate paradigm, and once the paradigm of limitless growth (aka "perfection") was exposed as a fraud then a reevaluation of stock prices was in order.