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 : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (37469)3/26/1998 8:13:00 AM
From: Patrick Slevin  Read Replies (2) | Respond to of 58727
 
I marvel at your magic.

Right as you posted that the futures started to go negatori, and have been dropping ever since. I don't think the beeps on my machine can hit lower octaves, everything appears to be a downtick.

So what are you asking when you say

<The quarter will be ending in 4 days, so the mutual funds have their deadline. I am not sure how that works exactly,>

Maybe I can answer the question but what is the question?



To: donald sew who wrote (37469)3/26/1998 8:43:00 AM
From: j g cordes  Respond to of 58727
 
Don, I'll add to your commentary to watch the price of gold which is hovering just a hair below the psych reistance of 300.

There may not be inflation anywhere that's significant, for example yesterday's housing numbers on deeper thinking takes a significant chunk of financing out of peoples pockets not to mention the cost of moving and setting up shop in a new town. Those who move this month won't be big spenders over the next few months.

However, the reality of markets is not the logic of is there real inflation or not.. the Reality Is Financial Profit Opportunity... to this end we currently have a situation where the oil market spooked the gold market which spooked the currencies and bond market. If, lets say gold, goes strongly over 300 to 310 then that spooks commodities and bonds which rise to test their resistance levels or break through. Again there may be no real inflation but the market will make financial opportunity in a vacuum of decisive information.. perhaps enough to spook the stock market sufficiently for a solid retracement before evidence of an economic slowdown once again drops rates through support.

Jim