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


To: sun-tzu who wrote (141572)1/3/2002 9:29:34 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
I would add to that -- to wish to have been more long for today's rally is really a wish to have your assets more concentrated in one sector since some did not even rise ... an 8% rise in the SOXX index is by no means a sign of stability.

I know you don't buy this, but it is nonetheless true -- money expansion doesn't guarantee where it's going to wind up. Coming out of '98, much flowed to capital spending, similary now much flows to the stock market and to consumers increased indebtedness via what I mentioned -- 0% financing. Further increases in stocks or other financial assets are predicated on the willingness of participates to increase their indebtedness. This can and will change very rapidly -- what you see as inevitable is very tenuous ... I'm back in the weeds.



To: sun-tzu who wrote (141572)1/3/2002 9:31:31 PM
From: Win-Lose-Draw  Read Replies (2) | Respond to of 436258
 
I'm curious, Sun Tzu, what's your guess on when hell finally breaks lose? By March? By June?