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.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: The Perfect Hedge who wrote (7645)1/12/1998 11:57:00 AM
From: John Carpenter  Read Replies (2) | Respond to of 95453
 
Glen,

Dr. Doom(Earlie) said that INTC is going to the forties.
He articulated his points so eloquently. But if Earlie
is shorting INTC right now, he's getting his ass kicked
(the stock is up almost 3 points). Opinions are like
assholes, everyone has one. On Wall Street, there are
a lot of opinions and a lot of assholes.

John



To: The Perfect Hedge who wrote (7645)1/12/1998 12:49:00 PM
From: RGinPG  Read Replies (2) | Respond to of 95453
 
What U.S. equity bear market was ever preceeded by falling interest rates? None. This reminds me when Elaine Gazerelli (or whatever here name is, the lady who predicted the fall in Oct '87) last March predicted the beginning of the next bear market. That marked the bottom.

Yes Japan has had falling rates and a huge bear market, but the Financial and Real Estate bubble were incredible at the peak. Their banking crisis makes our S&L problems of the late 80's look like a penny arcarde. We are no where near the Japan situation.

But I do agree, in a bear market, all stocks will fall regardless of valuations.