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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: akidron who wrote (24777)	10/1/1998 11:56:00 AM
From: 16yearcycle	Read Replies (2) \| Respond to of 70976

Hard to say what will happen. Anything that disappoints is getting slaughtered. The past few years stocks would drop 30-50% on good size disappointments, but now we get the 42-9, 90-11, 60-6.5 type stuff like prior to 1991, and it is common. Check out cbtsy. Bought a little at 32 and 22...now at 9. Bought much more at 7.5, but will have to wait on further news. It is dangerous to load up the truck on these disasters, since the market is now overreacting on the downside, for what are good reasons..poor visibility in most markets.Fed is too tight and yes I know it might not matter but you take the steps that help. When you proceed down the path that has brought disaster in the past, what do you expect to get? We are getting, and are setup to continue, with a protracted type disaster that will cause boomers to flee. Imagine folks buying 30 year bonds with a 4.9% yield!? Aint it something? As I said about a 3 weeks ago, 6400 could happen. These up and down movements will cause more money to be lost than an 87 type tidlewave. The fed must take an easier policy and japan must take the necessary steps to reform. Even that may be late now. Then Starr's next report will hit. MSFT has a trial this month. The networkers are getting killed. Anyone see any safe havens?