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 : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (69581)	10/6/1998 1:34:00 PM
From: SecularBull	Read Replies (2) \| Respond to of 176387

56 7/8 rt

To: Mohan Marette who wrote (69581)	10/6/1998 2:09:00 PM
From: Lee	Read Replies (1) \| Respond to of 176387

Hi Mohan,..Re:AMEX chairman sees FED rate cut and no recession Mo, looks like all this can be attributed to the so-called pundits and media as you have noted. Syron sees no recession, obviously WMT doesn't either and Moskowitz sees GDP growth at 3% and finally the eco numbers are not showing very much weakness. Also, if anyone noticed, looks like AA beat estimates, MOT seemingly turned a corner and others, like BRCM are beating estimates. (not lowered estimates either). So, the question is, with the economy on a solid footing albeit slightly slower, and earnings seemingly turned the corner and the dollar slightly lower (good for international corps. and trading partners), where exactly is the big problemo? I think even auto sales are still looking good! Consumer accounts for 63% of GDP and the media and pundits are trying to frighten the goose! Good grief, how short-sighted. Also, for those thinking the long bond is reflective of future eco activity, they need to think again as it's just temporary storage of cash because of the liquidity. The long bond hasn't traded off of domestic economic data since mid-July. Look how much it fell today when buying re-entered stocks. Like you, I think these stories are getting OLD. Regards, Lee

To: Mohan Marette who wrote (69581)	10/6/1998 4:00:00 PM
From: Lee	Read Replies (2) \| Respond to of 176387

Mohan,..Re: Long rates John Bollinger was just on CNBC and had a fascinating chart going back to 1960 showing yield. It showed an equilibrium level of 3.1%. Today's rate is 4.74 and if we subtract 1.6% inflation, it comes to 3.1%. His point was that we may have gotten to the current rate via flight to quality buying but it is where we should be given the CPI and growth! It was very interesting but it did not take into effect the dollar or I think it would be true with the dollar index trading at par. His final point being that people can't rely on CDs and Money Market and T Bond yields going forward but will have to roll up their sleeves and research some quality stocks to buy. We already knew that though! <VBG> If Bollinger is correct, the Fed is lagging badly! G Regards, Lee