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 : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: DD™ who wrote (7688)9/5/1998 11:29:00 PM
From: stock bull  Read Replies (2) | Respond to of 42834
 
DD, RIT is a good school. Never heard of Remedy Corp. What's your take on the market for Tuesday? Many people on SI are very concerned about Tuesday.

Stock Bull



To: DD™ who wrote (7688)9/6/1998 4:08:00 AM
From: Skeeter Bug  Read Replies (2) | Respond to of 42834
 
>>His profile gives me great deal of confidence in his predictive accuracy..<<

nobody can predict the market for such short periods w/o insider information. however, there are some ominous signs.

1. this is a liquidity driven market - too much money chasing too few stocks. money supply, for the first time in a LOOOOOONG time, is not growing. BAD NEWS. less money becomes smarter, more cautious money.

2. net redemptions of $2 billion a week from stock funds. if this trend continues it could get nasty as the tail is not big enough to wag the dog anymore.

3. china is putting out the devaluation trial balloon.

4. latin america will most likely devalue soon.

5. japan will sell bonds as the dollar weakens b/c they will lose money due to a weakening dollar. upward pressure on rates.

6. reducing rates may stimulate production in a global glut environment. talk about potentially throwing gas on a fire...

7. the president lied under oath. congress will whole heartedly discuss impeachment proceedings. perjury is an important issue. oh, and they HATE bill clinton. i bet they start impeachment proceedings.

8. the banking system collapsing is indicative of the end of the bull. has bob looked at cvi and cmb (i have b/c i own puts on cmb :-) lately? did he call their 40-50% declines? not a chance nor a clue.

9. nobody is scared yet. there is no REAL FEAR. if we get FEAR, then look out below...