To: Lucretius who wrote (42079 ) 5/14/1998 2:37:00 PM From: jef saunders Read Replies (1) | Respond to of 176387
** ot ** LT, > oil ; good, not bad short term you are right. but long term (you said you are a long term investor) , we're a lot closer to $12 a barrel than to $26. that's reality oil prices are low. when would this be bad? when oil tops $20 a barrel again. > interest rates ; good, not bad again, a blip. i don't care if interest rates hold at 7%, 6%, 5%, 4%... they are NOT 13%, 12%, 11%, 10%. the point is that again they are very LOW long-term. the rest is just short term fine tuning. > inflation ; good, not bad every annoucement on see on the news says inflation is almost non-existant. you may have valid points about food. man has been pretty stupid about growing natural food in artifical environments. salary increases are being viewed postitive to increase real income, sustaining the ever larger economy. the numbers are going up without inflation. unbelievable? a gift from the gods? > when the masses are living it up you want out even if there are signals of the end (which i don't think there are) the "end" stage you mention has considerable length...going up. we are still do to go up severely in the beginning of the end. as 12/99 approaches...ok. we have a long ride up before then.l there are some stocks this applies to. for instance, i bought cfon yesterday at 8.75 and sold today for 12.87. i kept a couple of shares for the long term. it may continue, but it is notorius for false rallies. dell is not cfon. dell is not a mass hysteria stock. ----- an earlier post you based a dell demise on a drop in demand for computers, due to bad world conditions, consumers having limited income, and not buying computers. would you do without a computer? i don't think so. they are an integral part of your life, and you will end up buying several more thoughout your life. it has become a necessity in your life as well as millions of others. so even if we had a bad economic world, people would still buy computers. jef