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 : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: High-Tech East who wrote (8744)	10/2/2001 10:43:23 AM
From: J.T.	Respond to of 19219

Thanks for the post Ken. And I will respond to your post today after the mojo is flowing. Let me say I agree with a lot of what Roach says. It is well documented on MITA that I have never believed in PEG (Projected Economic Growth rate)analysis and the market has bore that out today. An old post for your amusement: ************************** To:macavity who wrote (3646) From: J.T. Thursday, Jun 29, 2000 8:14 PM Respond to 3677 of 8745 macavity, funny day today. I had the music on drowning out the noise on CNBS and I was listening to the Bulls favorite song by Steely Dan (aja- 1977). The name of the song is called: ************ PEG ***************** Lyrics to PEG made me feel warm and cozy <g> I've seen your picture Your name in lights above it This is your big debut It's like a dream come true And when you smile for the camera I know their gonna love it I got your pin shot i keep it with your letter Done up in blueprint blue it sure looks good on you So won't you smile for the camera I know I'll love you better PEG It will come back to you PEG It will come back to you Then the shutter falls You see it all in 3-D It's your favorite foreign movie ----------------------------------------- For my encouraging Bull friends so dear to my heart... I wish them well. Best Regards, J.T.

To: High-Tech East who wrote (8744)	10/2/2001 11:42:11 AM
From: dvdw©	Read Replies (2) \| Respond to of 19219

From Hi Techs Post The key is to figure out what that norm will be. This is the issue that I now believe will become central to the debate in financial markets, Washington, business circles, and Main Street. As I see it, most are still clinging to the notion that The Shock is a cyclical event that will be quickly be followed by a reversion back to the growth norms we had all gotten accustomed to in the latter half of the 1990s. Morgan Stanley; are they not running the largest Short Position in their hedge operations, to the extent that they represent risking their operations if the scenario goes against them? Like the NASDAQ bubble, I suspect that history will judge the performance of the US economy in the latter half of the 1990s to have been an aberration, not the dawn of a New Era. The Shock is a wake-up call for those still clinging to now-antiquated perceptions of America’s growth dynamic. Call it the end of the New Economy. That suggests a significant re-rating of asset prices still lies ahead. The Nasdaq Bubble as so many are fond of talking about it, lasted for a whole 8 months from bottom to climax. For many small and mid cap companies, leading into the fall of 1999, most were starved of all liquidity. For a huge number of stocks the Bubble went from Mid Nov to Apri 2000 when the inside trade went short. Buy and Hold investors never sold, the whole game was played out by the insiders with support from a complicit media. We are talking about many great growth stocks, being tarred as excess along with the VC backed mill of IPO's that were the actual culprits. VC excesses are in fact what should be on trial, not the universe of mid and small cap companies with steady growth outlooks. Naturally the VC's and the market in general, placed valuations on many companies bringin them out with very low floats, and after lockups selling to the public at huge profits. This is the real story behind the bubble. A story that Morgan played a key role in. These braod generalizations are but sophisticated rationalizations from an agency with a financial interest in a given outcome. Every point in this guys presentation can and should be challenged. As an Economist this guy talks about the economy, and not stocks specificly. Everything said, is part of a backdrop being framed by Morgan to suit Morgan outcomes. These points will be referred to by those on the other side of Morgans Chinese wall, as the evidence for whatever action is being advised by the other parts of Morgans Network.. Credible? Maybe or maybe not!