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Technology Stocks : DELL Bear Thread -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (2168)10/15/1998 8:53:00 PM
From: jjs_ynot  Read Replies (1) | Respond to of 2578
 
I think that an increase in inflation is quite likely. You can't devalue the currency, pump massive amounts of liquidity into the system, and flood the market with US money by ballooning the money supply forever. Sooner or later, inflation is the product.



To: Lucretius who wrote (2168)10/15/1998 10:39:00 PM
From: lin luo  Read Replies (2) | Respond to of 2578
 
How bad will it be?

The first sign of inflation certainly will be the rise in price for these commodities such copper and energies (including gold), especially when these asian countries are alive again (probably not for too long). I remembered the time when the industrial base metals went to the roof(copper @1.5 per pound compared with today's 75 cent, Yen @80 compared w/ today's 115), and I thought the stock market was dead. No, it was still okay but we had a hard time.

Little inflation actually will be good to the country. But, today's action might just have trapped those who did not want get involved. Any further disappointed news from the Fed will spark severe selloff.

It was also a bad move to push at such high level. Seems they are timing the markets or something is really wrong. They should get in @ 7500 level.

In any case, I think both bulls and bears still have chances to make decisions.



To: Lucretius who wrote (2168)10/19/1998 6:05:00 PM
From: JRI  Respond to of 2578
 
Luke: I can not believe that you are calling Greenspan an idiot....so, in other words, you have a better idea of how to run monetary policy than him? You think he doesn't know what he's doing? Your quote says volumes about you, not Greenspan....

P.S. Can I get a slice of pizza, after all, I read most of your posts <g>