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.
Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (10225)11/4/2001 2:56:19 PM
From: cnyndwllr  Read Replies (1) | Respond to of 23153
 
Energyplay and Q007, I think your two posts identify the two areas of the market that I am looking at. I have about 2/3 of my portfolio in biotech stocks even though I know some of them will bust. With the technical breakthroughs and the aging of the wealthy baby boomers there is a lot of money that will be made and spent there.

The other sector that looks promising to me is Q007's oil service sector. (I've awarded it to you Q in honor of your recent calls.g.) In a worst case scenario, the outlook is not bad there, only delayed. In a best (or worst depending on your view) the outlook for gains there is very good. That adds up to little mid term risk and lots of potential gain. I like the risk/benefit balance there. Ed



To: energyplay who wrote (10225)11/4/2001 5:21:59 PM
From: chowder  Read Replies (2) | Respond to of 23153
 
>> we may see 30 year mortgages down below 5% <<

Oh yeah! That's what I've been talking about. 7% mortgage rates are nothing compared to the FED rate. Let mortgage rates come down to 5% and stand back! The consumer will be doin a whole lotta consumin', as our Fritz Hollings likes to say.

Can you imagine the consumer spending that would occur if credit cards would come down to 7%? Retail stocks would go nuts!

Yeah baby, give me five gimme five. (shaking the dice)

da-gamblin-bum