Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: MonsieurGonzo who wrote (53672)	9/23/1998 8:52:00 PM
From: victor pan	Respond to of 58727

speaking of market breath, i am almost convinced that the party is over- the bears' party, that is. smallcap's rally has been going on for a week now, and the big caps are all near their record highs, with yhoo hitting new high 2 in a row. on top of that, AG gave the positive comments on the US economy. i believe that its certainly possible for a sell-off to happen on tue, with or without a rate-cut.. a typical buy on rumor, set on news. however, given the current market breath, it's going to need more than just "no rate cut" to tackle the bull. i am really having a hard time seeing a sudden change of market direction... which is obviously "up." still confused though: the worst in economy is over? was talking with my wife the other day. she said that there'll be no problem if everybody's having the same problem, because they will work together to figure out a way to solve the problem... they wouldnt just say, e.g., forget the japanese! is this over-optimistic or what?

To: MonsieurGonzo who wrote (53672)	9/25/1998 12:59:00 AM
From: R. Gates	Read Replies (3) \| Respond to of 58727

Any action AG takes in lowering will only provide some brief shade over an ice cube sitting on a sidewalk on a hot afternoon. It may slow the meltdown...very briefly, but the meltdown will happen. Greenspan is caught between a rock and very hard place- playing his necessary role in history...and right into the teeth of the Bear. Next week will drive many people crazy indeed but we'll be down to at least to 7200 by Friday if not lower... R. Gates