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.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: waldo who wrote (21838)	10/16/1998 9:55:00 PM
From: waldo	Read Replies (1) \| Respond to of 116790

This line by Gingrich kills me! Doncha love the irony? >>''I am not sure this is a very good time to take a big gigantic gamble with the world economy,'' the Georgia Republican told lawmakers on the House floor, explaining why Republicans had reversed course on the issue.<< biz.yahoo.com W

To: waldo who wrote (21838)	10/16/1998 11:56:00 PM
From: CIMA	Respond to of 116790

Good morning to you all. Yesterday's announcement of an interest rate cut caught most of the investment community off guard. The result of the unexpected gift was a sudden surge forward in all major equity markets around the world. >From a fundamental basis, we have already explained why we believe this rally does not deserve to extend much further. Quite simply, the Fed has lowered interest rates as a preemptive strike against economic turmoil hitting US soil. On the other hand, the sudden drop in rates has weakened the $US considerably against most Asian currencies, thus making Asian goods more expensive and more difficult for Asian countries to export their way to prosperity. >From a technical point of view, we believe the Dow will have a very difficult time rising over 8,380 due to the expected selling pressure at this level. Already, this morning, the Dow reached 8,390 only to bounce back to low 8300 level. We expect much volatility throughout the day, with wild swings toward 8400 and then back down to 8300. If the Dow breaks 8,380, we expect the next strong level of resistance to come in at 8,550. With respect to the TSE, we believe the index will have the same challenge at the 6000 level, though analysis suggests the TSE would have an easier time of breaking resistance than would the Dow. Remember, if an interest rate cut was the silver bullet solution to global economic problems, it would have been done a long time ago. It would also be too easy. Thus, we expect prudent investors will be using the higher level of today's trading ranges (Dow 8380 and TSE 5900) to take profits and raise cash. This is especially true for investors who do not want to be over exposed going into a weekend. Have a great day. Regards, Agora The Investor's Investor. Published by Agora International Enterprises Corp. © COPYRIGHT 1997-1998 by Agora International Enterprises Corp. ALL RIGHTS RESERVED Information provided by the Investor's Investor is intended to level the playing field between small and large investors by effectively and swiftly disseminating information to all those interested or in need of information pertaining to stock market event s, global events and any other event which may effect their financial position. Information presented by The Investors Investor is not an offer to buy or sell securities referred to herein. It is strictly for information or entertainment purposes, highly o pinionated and not in any way guaranteed as to accuracy or completeness. Readers are urged to obtain complete financial and other information directly from their investment advisor or the company. We are not liable for any investment decision. We are not a n investment advisor, analyst, market maker, money manager, stockbroker, etc. The Investor's Investor maintains a model to demonstrate methods of portfolio management and to track our feelings with respect to the markets. However, because we buy a stock for our portfolio, it does not mean you should go out and buy that stock for your portfolio. This is the same common sense you would apply when a complete stranger buys stock for their portfolio. Only you know your circumstances, your resources and your needs. We do not. We are not investment advisors and do not purport to tell people, or suggest to people, what they should buy for themselves. We never issue "Buy" or "Sell" recommendations, and we don't give personal investment counseling. We hope our information and immediate reporting of events supplies you with the complete knowledge of information necessary to help you make a fully informed decision as it pertains to your individual investment philosophy. DISCLOSURE STATEMENT AGORA INTERNET RELATIONS CORP. receives a monthly monetary fee from Mirandor Explorations Inc., Sideware Systems Inc., King Communications International and Valu-net Corporation for the purposes of communicating with Internet shareholders - both current and prospective - to increase awareness of and interest in these companies AGORA INTERNET RELATIONS CORP activities are aimed purely at keeping their clients' shareholders and prospective shareholders informed about their company. These activities consist of providing investors with previously disclosed factual information concerning the company, comments from company principals, copies of material that has been filed with regulatory authorities, comments prepared by registered brokers or investment dealers and material published in newspapers, magazines or journals. AGORA INTERNET RELATIONS CORP does not participate in the maintenance of an orderly market in their client's securities, nor is required, or receives an incentive for, the maintenance or achievement of a price or trading volume for their client's securities at a certain level, for a specified period of time or by a certain date. AGORA INTERNET RELATIONS CORP. may, at any time, own shares in these companies.