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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: Rudy who wrote (8076)11/4/1997 2:19:00 PM
From: kormac  Read Replies (1) | Respond to of 13456
 
Rudy, not quite right that we are moving out of the <<mechanical age>>. It has often been said that if cars would have made similar
progress as computers they would be the size of shoeboxes, get
100 miles per gallon and other kind of nonsense. These arguments are specious as they assume that we would also shrink to the size of, say mice. No chance of that, heh. The trouble with modern technology is
that it has a tremendous positive feedback loop built in and we know that positive feedback leads to instability. Of course, my time frame is quite short. Long enough to die rich, which is the dream of every
American:) Hence the effects I mention above are not likely to hit
as until after SI is obsolete. Looks like #rttrader might be making it so soon.

IOM is doing pretty well in this down market today. Yesterdays close was 28 9/16 and todays open was 28 1/8.

Best regards, Seppo