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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: AC Flyer who wrote (13574)1/16/2002 11:01:28 PM
From: At_The_Ask  Read Replies (1) | Respond to of 74559
 
Disinflation of stock prices will not be very beneficial to most. Disinflation of finished products and service prices will not be beneficial to corporate profits either. I'd say the guys buying those boats are probably getting the cash from dumping options into the top of this rally. JMHO



To: AC Flyer who wrote (13574)1/17/2002 1:07:46 AM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 74559
 
Hi AC: just thinking loud...

1) lots of people buying expensive boats: taking this fact as a general indicator reminds me of the following joke (*). At the face value this fact just means there's still (or even more) people in US that can afford it. Make it 5 percent - J6P with his credit/CC/mtg/job problems is probably in the other 95% of the population. Who will carry the day? The rich with tax incentives...?

2) see the joke again - I'd appreciate a better example than the expensive boat prices. What about housing market? A residence of one's own is surely of more importance than what's happening to the average / aggregate household budget because of expensive boats.

dj

(*) Here's the joke:
q:"Daddy, where is Africa?"
a:"Don't know, but should not be too far. I see a black man ride his bicycle to his office every morning".