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.

Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?

To: poodle who wrote (5444)	8/9/1998 2:45:00 AM
From: aknahow	Read Replies (1) \| Respond to of 9719

poodle, I sort of think people who believe the sky is falling think stock prices are part of that pie in the sky. <g> I do not find Cramer's comments strange. The cost of containing the Soviet Union have gone down since its' break up. This is true even though the U.S. faces a different set of problems caused by the instability you mentioned. When Japan was a rising star, dozens of books were written here explaining how they were going to take over the world and how we should emulate them. I believe Cramers comment was directed at challenging the conventional wisdom and that Mexico served not as a duplicate of China in economic terms but rather as an example of equal concern among the financial cognocetti. Marty Zweig, was quoted in Barrons as feeling the bearishness is being overdone. Low inflation, low interest rates and excessive bearishness were given as the reasons. Yes, he did hedge, using events in Asia as having the potential to cause real concern. I am quite interested in why you feel Cramers comments usually are strange. In a past life I was involved in the fixed income area, in a big way, and read tons of information on the financial markets. I wonder if I am slipping when I consider Cramer insightful. Cramer's comments can be found at thestreet.com for anyone who wonders what this is all about.