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.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (19568)	8/27/1998 4:35:00 PM
From: James Strauss	Read Replies (4) \| Respond to of 50167

IQBAL: As usual, your analysis is impeccable... But, there is an undeniable thrust to the downside... Is it a correction in a Bull market or the beginning of the BEAR... We'll know soon... The Russian meltdown and Japanese woes are weighing on the world markets... We may get a short term pop in our markets as foreign money floods into the U.S. markets... But, ultimately the earnings will decide where the market is heading... With Asia and Russia, and now Latin America teetering at the precipice, forward earnings growth for U.S. companies is not locked in stone as our export business shrinks... As I've said before, the FED needs to cut interest rates to avert a slowdown in our economy that would be translated into yet lower stock prices... I've heard that Alan Greenspan is an avid reader of your thread... : > I hope he gets the message... Jim