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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: HighTech who wrote (52368)9/11/1998 6:34:00 PM
From: Jay Lyons  Respond to of 58727
 
Very good question. I hope someone around here can answer it.



To: HighTech who wrote (52368)9/11/1998 7:02:00 PM
From: Saulamanca  Read Replies (2) | Respond to of 58727
 
HiTech, Here is some Jerry Favors from '97.

realtraders.com

Jim



To: HighTech who wrote (52368)9/11/1998 7:06:00 PM
From: epicure  Respond to of 58727
 
I don't think you can compare this with most other corrections of the recent past because of the spectacular PE's we have coupled with a decreasing expectation of earnings. That simply does not happen very often.



To: HighTech who wrote (52368)9/11/1998 9:38:00 PM
From: stockycd  Read Replies (1) | Respond to of 58727
 
Amid all the Clinton crap, the huge market swings, and Greenspan giving more and more ambiguous speeches, none of the fundamentals have changed. These are the things that bother me about the current economic state of the US and the world.

1. Asia is starting to get better (Yen), but still has a LONG way to go.

2. The US has not seen any major economic erosion (at least on the surface), as a result of the global economic crisis. It's not a matter of if but when.

3. Latin America is on the verge of major economic ruin. As long as oil stays cheap, most LAT AM countries will not get better.

4. The PPI disturbed me today. I see the deflation death spiral as a major threat to profits.

5. Consumer debt is up.

6. Huge swings in the market. We will not form a bottom (for 2 days) and then zoom right back up to where we were. To me that's not a correction. A true correction should hang out near bottom for a couple Q's and sloooowly drift in a positive direction once the economic outlook is better.

7. Commodity prices.

8. Year 2k.



To: HighTech who wrote (52368)9/12/1998 7:43:00 AM
From: dennis michael patterson  Respond to of 58727
 
HiTech: I've only been getting Favors for 2 months. I know others have been reading him for years. He had a bad period a few years ago-- 96 might be it-- when he was out of sunch with the market.