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.

Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: cnyndwllr who wrote (6)	2/19/2001 4:26:17 PM
From: Don England	Respond to of 23153

k.b., wondered where you had been the last few days. thank you for the invite. seeing ed and jim p here certainly assures me i am in good company. when does diana show up? i will probably enrage the panel of judges with my sense of humor in short order, so if i suddenly stop posting please know i will continue reading. why are we being so quiet? gee, i miss iso and slider already. don

To: cnyndwllr who wrote (6)	2/19/2001 5:09:22 PM
From: jim_p	Respond to of 23153

ED, Welcome. The primary reason for my guesstimate is: 1. The amount of cash on the sidelines. 2. The number of investors who miss out on the last tech run who are anxious not to miss the next one. 3. Sentiment for investing in tech is now growing very negative. 4. The worse performing sector in one year, tends to outperform the market the following year. 5. Interest rates are going a lot lower. The fed does not want a market collapse to lead to an economic collapse, and will take the necessary measures to help prevent it. 6. The fed has more flexibility in this cycle due to budget surpluses, which were not available in prior cycles. Reduced government spending is one reason we are where we are today. I believe that is about to change with Bush at the helm. A combination on increased government spending on things like the military, decreased taxes and increased liquidity from lower interest rates will all converge together soon. I don't believe one should be out of the market during this time period. The time to buy a sector like tech is when it's out of favor. We are now hearing comments like the sector is dead until 200?, which is bullish to me. It's very hard to pick a bottom, and in today's investing environment, sector sentiment can change on a dime. Jim