SI
SI
discoversearch

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 : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (761)8/31/1998 9:58:00 PM
From: Devil's Advocate  Read Replies (1) | Respond to of 7247
 
So, I guess you're not buying this bear market stuff. ;-)

I think you had a very valid point when you mention that the US market will be the safe place for investors. I believe that money going into US stock market will accelerate as we reach year 2000. That's why I have started to have US stocks this year and not only canadian stocks (through mutual funds).

By the way, the canadian dollar was severely hit in the last couple of weeks and the canadian markets have dropped considerably. I know that some canadian are starting to feel that is not a bad idea to have some US dollars (US stocks). I have asked several people at work and was surprised to see that a lot of them had US dollar bank account or stock in the US market. You would not have seen this 5 years ago, I can guarantee you.



To: Tim Luke who wrote (761)8/31/1998 10:08:00 PM
From: Earthdog  Read Replies (3) | Respond to of 7247
 
Tim (other comments welcome),

Thanks for your opinion.

BTW, do you follow AMD? I've been watching that one for a while and have a friend who used to work there (still keeps in contact with friends there) who says it's a good buy now (presently @ 13). A major stumbling block for AMD is their ability to meet demand. But their production plant in Germany will be cranking out chips soon. With the new Germany plant kicking in and their new chips really giving INTC a ride for their money it might be a good one. What do you think?

Earthdog