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 : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Mama Bear who wrote (3059)9/25/1998 12:32:00 PM
From: Tai Jin  Read Replies (1) | Respond to of 4634
 
I agree. A drop in interest rates may boost the market short term, but unless earnings improve the market will continue to go down. And as we've seen with Japan, we could end up in a recession.

...tai



To: Mama Bear who wrote (3059)9/27/1998 10:50:00 AM
From: drakes353  Read Replies (3) | Respond to of 4634
 
Barb:

If low rates guarantee stocks go up, why is Japan down to 14000?

The combination of real estate and stock market bubbles proved to be too much for those folks to deal with. The age of their population hasn't helped. An inability to admit failure and face problems head on has also contributed to the lack of recovery over there. Crazy though it sounds Japan should probably raise rates to get their economy and stock market going again.

I agree with Bill. The bottom is in. The path of least resistance is higher, significantly higher. The challenge here is to find the Cisco (Class of '90) or Dell (Class of '94) of the '98 bottom.

Regards,

drakes353