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.
Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Oral Roberts who wrote (47567)9/17/2003 3:06:31 PM
From: Alan Smithee  Read Replies (1) | Respond to of 57110
 
I wonder how all of these unemployed will keep consuming to drive this profitless, jobless, consumer driven recovery.

It's easy. Check the Sunday newspaper supplement. Best Buy offering 24 mo. interest free financing on TV purchases over $399, with minimum payments. Why worry about the total cost of that $4,500 big-screen unit if you can make $35/month payments for the forseeable future.



To: Oral Roberts who wrote (47567)9/17/2003 5:55:02 PM
From: shoreco  Read Replies (2) | Respond to of 57110
 
>> I wonder how all of these unemployed will keep consuming to drive this profitless, jobless, consumer driven recovery <<

What unemployed?, AG has given the green flag to borrow cash and sit home and day trade again...

Why work, when you can buy over bloated tech stocks on Margin and make BIG$$$ dollars doing it...



To: Oral Roberts who wrote (47567)9/17/2003 5:55:50 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 57110
 
there does appear to be some sort of strength in techland, but I am not sure if it is an up cycle based on repair/replace or if it is a meaningful start to a boom. I think Mulholland suggested the same thing the other day.