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 : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?

To: Adelantado who wrote (8623)	10/9/1998 12:05:00 AM
From: MeDroogies	Read Replies (2) \| Respond to of 19080

The only thing I would challenge in your post is that the oscillations indicate uncertainty. That may be a TA's perception, but from a standpoint of economic history and analysis, oscillation of this nature indicates "price equilibrium". That is, demand is roughly equivalent to supply. I suppose that is a form of uncertainty, since a certainty of a positive nature would drive prices up, while that of a negative would drive prices down. However, it could be said that this is the MOST certain period we can experience. We know, for the time being, the rough parameters within which prices will rise and fall. At some point, I can only guess when, this will change as the money is either stuffed into mattresses, put in savings accounts, or re-invested. All the money that was taken out of the market is sitting somewhere. The question is where, and what is going to happen to it. MHO - it will start filtering back in when the Fed lowers the Funds Rate by 1/2 a point. It will flood back in if Japan enacts real reform. It will flood back in if the gov't approves a tax cut.