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.

Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Trey McAtee who wrote (55562)	10/15/1998 3:07:00 PM
From: ViperChick Secret Agent 006.9	Respond to of 58727

I was just contacted by someone at the WallStreet Journal for a story about people who follow the Astrikos website or who follow the Bradley indicator (I lost that website that had the bradley indicator on it..so if anyone still has it ...post it please) i dont talk to reporters..not even when they are in the form of a nice sweet gal who was just doing a free lance story ;-) Anyway..if anyone is interested in being interviewed...shoot me a mail and I will send you the persons information Also, the following person contacted me and did a story on several people and he is legitimate so if you would like a free copy of the magazine (maybe the one with Lastshadow in it)...shoot him a mail +Cosmo (942 ) From: +Borzou Daragahi Wednesday, Oct 14 1998 4:23PM ET Reply # of 1259 Coz, Our Web site is still in a Beta phase. If you or anyone would like a copy of Online Investor, simply PM me your mailing address, and I'll drop one off in the mail for you. -- Kind Regards, Borzou Daragahi Associate Editor StockTrends' Online Investor onlineinvestor.com --------------- 1515 W. 22nd St. Suite 475 Oak Brook, IL 60523 630-645-1730 ext. 116

To: Trey McAtee who wrote (55562)	10/15/1998 3:25:00 PM
From: Elroy Jetson	Respond to of 58727

A decline on the Dow to 5,400 or so would certainly damage investor confidence for a while, but I think preferences for one type of investment over another is driven mostly by longer-term economic trends. Inflation killed the Bull market of the 1960's, shifting investment into real estate and other hard assets (along with all manner of non-economic tax code induced investments). The move towards price stability beginning 10 years ago shifted investment back to stocks and bonds. I can forsee a long-term move out of equities and bonds ONLY if the central bank response to the current collapse of confidence were to be inappropriate to the degree that an inflationary environment were created and not corrected. The decline in the dollar will, of course, send our economy into a more inflationary mode (which will help raw material producers Asia, Brazil, Canada and Australia). The Fed has grown monetary aggregates by large amounts that will need to be reversed at some point in the future when confidence returns and thus monetary velocity increases. But I think few people believe the Fed has been too easy and eager to lower interest rates (other than the occasional Fleckenstein whose manic optimism about silver and gold certainly must qualify as speculative bubble of imagination unsupported by the real world). Without a long-term shift to an inflationary economy which I do not foresee (historically, cycles simply don't change that quickly), I don't think that a decline to 5,400 or even lower would change the preference for stocks and bonds. This kind of value pricing would in relatively short order bring out buyers and a new Bull market as it did in 1987. The rate cut just now shows how quickly sentiment can change. 207.95.154.130