To: Lucretius who wrote (39457 ) 4/29/1998 8:19:00 AM From: Sig Read Replies (1) | Respond to of 176387
LT: Some comments on: <<< The rise in interest rates will be done by the mkt not by the fed. >>> The banks went ape in the 1980's, loaning money on inflated land values in Texas and California housing. IMO we are still paying for that though 2 or 3 % on savings, 5 or 6 % on bonds. <<<< Utilities are getting wacked>>>> Utilities have been dead for years, most merely buy electric power or gas, deliver and sell it to consumers. Not too lucrative Derugulation might help <<< banks are getting wacked >>> I dont understand, they look pretty healty <<<< gold (although it corrected some mon) has been heading higher w/ speed>>> Let me know when it gets to $630, which is what it cost me 28 years ago <<<<<the rush of corporate bonds recently>>>> That is a developing problem. Beware of the big Dow stocks with huge debt load, they figure they can borrow money at 7 or 8 % and make 12 % on it. It wont last forever, some day you will be right >>> we had a classic bear rally this morning that got crushed>>> >>>> that the speculation in the internet and other trash stocks is still in full swing. <<< If the stock does well it was an investment, if it crashes it was speculation >>>> it is not over yet until people start to get worried<<<< Lots of worried people around all the time. They were very worried last spring also at the Fed meetings. How are you to know if they are more worried.???? >>>stop playing the horse races w/ the likes of YHOO and AOL.>>> A deliberate and uncalled for attack on stocks I would like to own Saturday is the Kentucky Derby, you can download a racing form from the internet, send $50 to the Cayman Islands, and place a bet from your living room. Who doya like??????? <<< (I've never seen a bear as most that have participated in the mkt since 1975) tops (like in stocks) appear when everything is at their best>>>> You can count on it. When bulls start dancing around the campfire bears try to crash the party. They drink all the beer, break the chairs, and $%^& all the #$%%$%. Sig