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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: DoggieDude who wrote (62195)	8/30/1998 11:30:00 AM
From: ace al	Read Replies (1) \| Respond to of 176387

New to Thread. Was there a bear market last Oct? If so how long did it last? How are the fundamentals different? Appreciate your thoughts. AL

To: DoggieDude who wrote (62195)	8/30/1998 12:11:00 PM
From: Mohan Marette	Respond to of 176387

'ohmigwad' snoop Doggiedude,I believe you got it right. Doggiedude, very perceptive of you sir. As I understand it some 75% of the U.S economy is driven by you and I and not by the Asians or the Russians,or the Afgans or the Arab sheiks or the Mongolians,or the 'Hess-bull-aaaaaahhhhhh',or the Ayatollah,or did I leave anybody else???? U.S consumer is king-(mostly queen in SFO).HeeeeeeeHaaaaaaaw! Consumer confidence is still high per the Conference Board calculations.If it goes below 100 then we will worry. Liquidity- Some 3 trillion dollars in money market accounts, mutual fund flows still mixed,there is no evidence of any slack in cash inflows into the funds,some adjustments may be. Money supply-Still strong Tax Cut- did you know we all just got some nice tax cuts,look at the interest rates,mortgage rates lowest in a zillion years which translates in 'mo money' for you and I and some of us have refinanced the mortgages and getting an extra few hundred dollars to buy Dell. FED-Not likely to do any thing,we might even get a rate cut putting more liquidity into the global markets which is what these dudes need globally 'mo-money'. Grocery bill- I don't know about you but I am told I am paying less for my gasoline,my groceries,my computers,my telephone calls meaning I am spending less for more-Here again 'mo-money' in consumers pockets. Wages-The last time I checked wages has been going up-Did I say 'mo-money' for the consumer. Inflation-where? Employment-Can you say 'Full'. Gold-Where is the gold? Don't see any price increase here either as gold is a good indicator of global consumer sentiment.If there was a panic and worry about inflation etc we should have seen the price of gold shooting through the roof.Naaaaaah don't see anything here. The bear argument of 'Support-level' and '10% correction' etc are nothing but bull as support level is always breached somewhere in the market and 10-20-30-100% correction is also a perennial event in the market in both good and bad times,particularly in specific segments and companies. What we right now have is a spooked investor spooked by the barrage of headlines in the press, their confidence will be back as soon as they get more economic data showing them our fundamentals are in tact,then it will be rock-n-roll time again.How soon we will see this,I don't know, could happen Monday or in a month or two or three???? But of course you do realize I could be totally wrong,right???