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.

Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: dougjn who wrote (15913)	10/2/1998 2:42:00 PM
From: Sawtooth	Respond to of 152472

<<However, I think it highly unlikely that the market will simply proceed to move strongly up from there and past the July highs. We're in for a trading range for some time. Which may or may not have a downward bias. Why? Because we certainly are not as low as its reasonable for the market to go if we do go into a recession. And periods of worry about those possibilities, at least, aren't ending next month. Seems to me.>> Agree. From what I've gathered, the lid of the box has barely been opened on the Japanese financial mess. I say we're very lucky if we don't dip below 7000 over the next year. What's your current take on Japan's banking situation? Do you notice the little beads of sweat waiting to pop on Rubin's brow every time he speaks? In his words, this is the worst world economic situation in fifty years and getting worse, not better, daily. ...Tim (60% in cash and waiting for true capitulation) Please disregard the Japanese banking question; I see you've addressed that at post #15916.