Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Death Sphincter who wrote (18706)	5/19/1998 11:48:00 AM
From: Tom M	Read Replies (1) \| Respond to of 94695

Carl re "bull trap", I'll even go out on an unpopular limb and say AG raises today. Let's see: -last report showed a record (surprise) low unemployment (since '57) -last report showed a decrease in productivity -last report showed increasing prices via PPI -real estate & "asset" prices inflating -G7 pressure to deflate bubble -kids in school projects saying he has to raise <g>! Add to that the majority of the hyped analysts are doing us the favor of giving us free advice saying he can't possibly raise rates. If he doesn't now, what if he doesn't have the same ammo in July when we're at 10,000 with an S&P average option adjusted P/E of 45 instead of Forbe's recently estimated 35 P/E? Oh yeah, I keep forgetting, this is a "new era" ;-) regards & good luck all, Tom