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


To: Jerry Olson who wrote (19974)9/4/1998 10:38:00 PM
From: KHS  Read Replies (1) | Respond to of 50167
 
Options Jerry,

Your opinion has change to positive by the post made recently. Again I say, hopefully many other are thinking like you right now. We need guys like you to come back to market with the "cash" I was and now fully invested, not much new cash to move with. Yes, you and others will buy in at better prices than I, but that is OK. We need each other.

Some people provide the momentum.

some people provide the stability and base.

A "Hollywood" owner like J. Lurie will never mold a team in his image in Phila. We need "Rocky" types to play here.



To: Jerry Olson who wrote (19974)9/4/1998 10:41:00 PM
From: Peter Mui  Read Replies (2) | Respond to of 50167
 
if AG is talking about "deflation", not "inflation" anymore, lookout on Tues...we could see a gigantic relief rally of say, oh 300+++ points or so....

Certainly appreciate some positive sentiment amidst all the gloom and doom from the bears. However, why would the market react positively to something that they've known about and discounted for months (commodity price declines) just because Greenspan mentions it in a speech? Greenspan has already mentioned in an earlier speech this year that there was no inflation, even though labor demand remained strong and wage pressures were likely.

The speech just given was neither boon for bulls or bears. If anything, it cautioned against rising asset values based on nothing but sentiment.