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 : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Mark Adams who wrote (108396)	6/12/2001 10:56:28 PM
From: LLCF	Respond to of 436258

Thanks for clarifying that... in playing the stock market unfortunately if these numbers turn significantly worse we won't be able to make any money on the short side... all this consumer stuff is way lagging... will be interesting to follow however. dAK

To: Mark Adams who wrote (108396)	6/13/2001 12:05:49 AM
From: B.REVERE	Read Replies (1) \| Respond to of 436258

I believe mortgage rates in 1980 ran 2-4% points higher on conventional mortgages than they do now. If the delinquincy rate is rising at these low rates, the economy is in much worse shape than the b/s reports put out by governmental agencies. Don't want the still employed to stop spending, do we? The market is a discounting mechanism, so we are told, by the mavens of wall street. Don't worry, be happy, the market has never failed to forecast a better economy ahead. Why, just 10 months ago, the nasdaq rallied a 1000 points off its lows to 4000, predicting the certain economic pick-up nine months hence, about right now, I believe. Nice call, another tired cliche down the tubes. Well, no soup for you! Nextttttttttttt. Later,