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.

Pastimes : CNBC -- critique. -- Ignore unavailable to you. Want to Upgrade?

To: Margaret Mateer who wrote (7497)	3/16/2001 3:42:07 PM
From: HandsOn	Read Replies (2) \| Respond to of 17683

In 29 with 5k in a margin acct. You could trade with 100k, reason people were jumping out of windows.

To: Margaret Mateer who wrote (7497)	3/16/2001 3:45:31 PM
From: opalapril	Read Replies (2) \| Respond to of 17683

Glib comparisons like yours to the Great Depression offer more entertainment than enlightenment. If you were to consider for a brief moment the vast differences between 1929 and 2001 in terms of world peace, politics, trade, currency regulation, financial institutions, public health, nutrition, communications, and a host of other contributors to the economy and investment environment, it should be readily apparent there is no basis for comparison. I'm sure you can muster plenty of better arguments against going long in this market, but flippantly suggesting we are on the cusp of a world wide Depression is not one of them.

To: Margaret Mateer who wrote (7497)	3/16/2001 4:25:12 PM
From: Crystal ball	Read Replies (1) \| Respond to of 17683

Greenspan has destroyed more wealth than Hitler did in WW2. $4 Trillion or more. He probably won't be happy until his monetary policy starts a war and someone like Saddam Hussein starts killing real people over the OIL glut, which OPEC feels is unfair when our currency (Mere paper US Dollars) are jacked up in price due to Fed Rate Hikes previously, and their currency, THEIR OIL is being forced down in price because of the economy downdraft lowering demand, lower than the production cuts that they can not afford, can not enforce, and which will fail. I see OIL going to $25 or lower. Will they be happy? Greenspan better cut rates or we will lose more than our friends in Japan, we will lose Europe, and we will lose the SAUDI ARABIANS AND MEXICO ON OPEC. Then there will be hell to pay, and they will all let loose the dogs of war.....they always do. I am, Truly your$, -Cyrstal Ball