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.

Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: mt_mike who wrote (194)	6/7/2002 11:17:44 AM
From: Jim Willie CB	Read Replies (4) \| Respond to of 89467

MtMan, yes I did see INTC/CNBC while donning the sox, trow I snickered at the seeming desperation I will bet you $10 that Dow close at least minus 50 pts actually I believe it will accelerate losses this afternoon fear is gripping Wall Street, Mike on the Sept2000 INTC jump, got some thoughts back then, we were in a totally different environment the Bond Inverted Yield Curve was not legible to stock players THEY DONT KNOW HOW TO READ, STOCK PLAYERS ARE ILLITERATE the inverted yield curve forecast a recession by mid-2001 it was exactly right (Volt, pay attention here, put down the golf clubs) but stock players thought... "end of bad news, resumed recovery, buy the climax of bad like kneejerk" they were clueless then, but are less clueless now now we have the stock market, esp tech stocks, in different mode THEY ARE DESCENDING THE WALL OF HOPE the Intel news puts to rest hopes of any 2nd Half Recovery this renewed annual belief goes counter to all reality each year, a new 2nd Half Recovery set of hopes soon they will conclude what the pros conclude... structural bear correction, akin to Great Depression THE DOLLAR DECLINE CONFIRMS THE SECULAR BEAR MARKET IN STOCKS I honestly think we are seeing a wounded man being shot with numerous small arrows repeatedly Intel follows HomoDepot poor guidance even Microsoft offered no encouragement has anyone noticed that only Hack Economists offer encouragement and I am sorry to say that Sir Lawrence Kudlow is a hack he is consistently misreading every signal out there he ignores the dollar and gold loud screaming signals today he said wages are down, productivity is up, so profit margins are on the rise, very bullish for stocks this is too little, too late, with the dollar tide going out not to mention debt at crushing levels dont worry, this Intel news is yet another arrow I think an arrow right in the neck / jim