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.
Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: ZenWarrior who wrote (70013)4/14/2001 9:15:38 PM
From: westpacific  Read Replies (1) | Respond to of 122087
 
We will see the end of the "cult of the Fed"

"The fact is that the Fed created the biggest economic and stock market ballon in US history, and they did it over a period of years. This allowed, in particular, the technology sector of the economy to expand production capacity far beyond what was needed.
Lowering interest rates flooding the banks with liquidity won't solve the problem. Only time will solve the problem. Excess capacity will have to be worked off. The Fed can't work it off. Time, bankruptcies, removal of excess capacity are what will work it off. That entails time - and pain. And everybody is up to his eyeballs with debt. Corporations are choking on it. To work off debt also takes time and pain.
In a bear market, margin debt is a speculators worst enemy and a traders worst nightmare. The peak for margin debt on the New York Stock Exchange was $278.5B in March 2000. By Febuary 2001, it was down to $186B. It would'nt suprize me to see this figure drop to around $30B before this bear market is over.
We're also seeing the beginning of the end of the cult of "buy the dip". Come hell or high water, in a major bear market, stocks head for levels that I call, "great values". And the dreaded secret is: We're not there yet.

Ricard Russell
Barrons

Do not believe me my friend. You are clueless. The consumer is up to his eyeballs in debt, along with corporate America, and state and national government.

West



To: ZenWarrior who wrote (70013)4/15/2001 1:06:16 AM
From: (No name provided)  Read Replies (1) | Respond to of 122087
 
What a waste of bandwith you are. Your idiocy has earned you a spot with just 2 others on the ignore list. Now while you still have at least 50 cents left, call someone who gives a shit about your psycho babble economy on the mend horsheeeeeeeet.

you "hope" we are at a bottom, and that is all you have. I personally could care less where the bottom is as I trade situations that arrise, not hopes and as you say "common sense" that tells me which way the market is headed. Funny thing about common sense, it ain't too common. This is especially true about those that lose 95% of their money and still believe they know what will happen next in the market