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.

Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?

To: Richard L. Williams who wrote (23614)	8/28/1998 11:48:00 AM
From: eRM Solutions	Read Replies (3) \| Respond to of 50264

The market has already lost 12% before today. We might reach below 8000 but I would be highly shocked to see 6400. The fed will lower rates if this goes on much longer. People have to remember that the fallout lately is from Russia, they are a tiny economy and will have no lasting effect on the global economy,IMO. This is not the days of the old USSR, the Russian economic crisis will be just another blip on the radar screen in a matter of a quarter or 2 if not months. The US economy is still growing strong albeit not at the rate before the Asian flu and this latest crisis. I think the major difference we will see is that " The rising tide will not lift all the boats" as the DOW has done so far. The companies that will be successful will be the ones with innovative concepts and solid business plan and the leadership to carry the plan out. Regards John

To: Richard L. Williams who wrote (23614)	8/28/1998 12:04:00 PM
From: MARK BARGER	Read Replies (1) \| Respond to of 50264

Richard Williams, glad to have you post here. It's fashionable for everyone to predict the market's direction for the next year. I agree that the bloated Dow stocks need to take it on the chin for the next several weeks. I see us going down maybe another 500-800 pts. I don't think the world will end if Coke, P&G, even Cisco or Dell, get shaved another 10-15%. But the US economy is doing so well the U.S. worker is doing so well (hence, no call to dis our present commander in heat) that 401K money has to be put somewhere. I predict there will be a buying flurry whenever this sell off is over, be it at 7600 or 7200. I am sure that regardless, in 2 or 3 years, the Dow will be pushing 10,000 again. Buy the way, the flurry of trades at 11:43, were they at the ask or bid, I just noticed them. Mark