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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: pezz who wrote (5434)	6/28/2001 8:21:20 PM
From: LLCF	Read Replies (2) \| Respond to of 74559

<<<More consumers are getting laid off from high paying work and taking up lower paying hobbies.>> How do you know this? > Cause he has 2 eye's and at least 1/2 a brain. DAK

To: pezz who wrote (5434)	6/28/2001 9:06:29 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi Pezz, <<Why ,you... you .....meanee...!!!>> I am sorry, will not do it again, until I do :0) <<I know ya don't trust CNBC>> I trust CNBC and have it at between NY 8:30am - 12:00pm if I am on the net in my study, for what it tells me others may believe. Truth does not matter at times as much as perception. Truth eventually wins out, but eventually could be many years. <<Gas at the pump is down about a dime already here in LA>> You did not mean to say that a dime per gallon, at 25 miles per gallon, by 15,000 miles per year will make the average consumer buy more of whatever; Nor did you mean to say that a dime a gallon, to a hollowed out manufacturing economy will make any substantial difference to GDP growth/decline; And you certainly did not mean to say that overall energy price out of your pocket each month is down, if you lived in one of the states that mattered; What you meant to say is that the volatility of gas and petroleum price has, due to inventory buildup (i.e. slowing economy), caused prices to go down for the moment. <<How do you know this? Unemployment levels still very low>> forbes.com Yes, but out of the newly unemployed, 50% are college educated higher income earners, and this is unique in US history. <<and confidence still good from an historical perspective>> This is part of the problem. People still believe in the magic of the Maestro's secret sauce, and will regret their faith. The cleansing will happen, regardless of the strength of faith. Inference and Anticipation are survival traits. Chugs, Jay