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: James F. Hopkins who wrote (24648)	8/19/1998 10:16:00 AM
From: Nemer	Read Replies (3) \| Respond to of 94695

Hey Ol Salt : got on line just to check the BK thread this morning ---- does no one realize that today is BigBubbas happy birthday ..... 52 years today and no one on the BK is harmonizing the HappyBirthdaySong ..... I am amazed ........ If Lar is going to pick up Joss and then get Bob on the way to your sea cruise ....... I'll start it off by picking up Lar cause I'm north of him bout 120 klicks ........ ggggg Regards ----- Nemer

To: James F. Hopkins who wrote (24648)	8/19/1998 10:39:00 AM
From: Daniel Ray	Read Replies (1) \| Respond to of 94695

Hi Jim, One big difference between Machiavelli's time and ours is that back then the people who owned the wealth were also the main players in governing the society; today our leaders pretty much without exception (IMO) do the bidding of the people who own the wealth; for this reason the markets historically do the same if a Republican or a Democrat occupies the highest office. As long as there is political stability in the most politically stable country in the world the markets reflect this stability by reacting to the fundamental factors you mention: <<if interest rates and oil stay tame we will likely go up a lot more>> But of course corporate profits must rise too. A quarter or two we can go on the expectation that better earnings will come, but as soon as earnings growth rate establishes a clear longer-term trend we will sell-off big time. The markets argue the point every day. Thanks for your many and always interesting comments. Will Rogers probably had a pretty narrow definition of 'man' Best wishes