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 : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Lazarus_Long who wrote (45529)	7/31/2003 5:35:05 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 57110

Laz, if you bring over a bunch of fans of political brouhaha to this thread, I'll ban your spotty behind so fast.......grrrrrr

To: Lazarus_Long who wrote (45529)	7/31/2003 5:42:59 PM
From: Original Mad Dog	Read Replies (1) \| Respond to of 57110

I see a lot of good things happening with the economy: 1. Confidence in financial statements is returning, as investors realize that corporate paranoia and Sarbanes-Oxley imposed rules make large frauds less likely to occur 2. The wreckage from past accounting scandals and misdeeds has largely surfaced and been dealt with 3. Terrorism, while it may always be with us on some level, seems to have become a less pervasive day to day concern from an investment risk standpoint 4. Low consumer interest and tax rates make a consumer spending collapse in the short term very unlikely 5. There are signs, albeit small ones, that business investment and capital spending may be awakening from their slumber 6. For U.S. companies, the weakened dollar will help exports 7. The market is still much lower than it was in the recent past, and thus arguably has room to go up significantly from here (though it has moved a lot in the past four months). That's a lot of plus factors to deal with if you think we are going to go way down from here. I think current officeholders of all political persuasions will be helped by this in next year's elections, and that a stable election cycle with lots of incumbents winning will also be perceived as a plus by the market.