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 : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (462)	8/23/2003 1:34:53 PM
From: Louis V. Lambrecht	Read Replies (1) \| Respond to of 110194

Tom, the only way indexes would be holding up is pure inertia. You are in the business of the refis, best place to watch. <ng> IMVHO, current US admin's measures, tax breaks and so on will only be positive till 2005. But the marrkets usually discount the results by at least 6 months. I think is is safe to say now that: - the reps will not win the white house (although there is that nasty gubernator wildcard) - the more current admin delays a correction on the markets, the harsher this will be, the later this will come, the lesser the current admin will be able to manage a recovery of a magnitude assuring re-election. Leaves us with an alternative: - either the current administration is dumb, the market will not correct until falling of his own weight (what I suspect) - or the administration is clever, and would allow these markets to crash as they should and present counter-measure by next Spring for a brand new rally. So, I still am in a roadmap for an IT correction before this Winter, with worse to come by next Winter.