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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: blake_paterson who wrote (25437)	10/17/1998 5:59:00 PM
From: Big Bucks	Respond to of 70976

Blake, Very good article! Thanks for re-posting the link. The unknowns and uncontrollable issues are what are causing market turbulence. One must proceed into the "unknown" with trepidation and caution as his guides. Now is not the time to "Boldly go where no man has gone before" without understanding the risks and potential downside of his/her actions longer term. I want to be bullish in the worst way, but I will definitely look into the "gift" horse's mouth to verify there is not a hidden agenda/threat before making a commitment, and then only a partial commitment. Just my opinion, BB

To: blake_paterson who wrote (25437)	10/17/1998 8:39:00 PM
From: kdavy	Read Replies (1) \| Respond to of 70976

blake, Real food for thought. Thanks for the link and your thoughts. Do you or anyone else know a link to historical data for interest rates and market index (dow, nasdaq or s&p). TIA Davyk

To: blake_paterson who wrote (25437)	10/17/1998 10:13:00 PM
From: 16yearcycle	Respond to of 70976

Tell you what, that is very misleading. If I see the link to the average return on the dow over 12 months after the initial rate lowering since WW II, I will post it. This is not 1929-1933, and while they were lowering rates, taxes were rising. As far as 1994 and beyond, how did we do as rates dropped from 1982-1986? And then how did we do when rates went up in Sept 1987? How did we do from 1/90 as rates dropped again until 94? Then the fed became tighter, but look what the 30 year bond did from 1994 until now.

To: blake_paterson who wrote (25437)	10/17/1998 10:16:00 PM
From: 16yearcycle	Read Replies (2) \| Respond to of 70976

OK, I get it. The Princeton economic institute is not actually in any way affiliated with Princeton and their economic dept., right?

To: blake_paterson who wrote (25437)	10/18/1998 10:01:00 AM
From: Chuck Williams	Read Replies (1) \| Respond to of 70976

I really like PEI. They seem to have a well-founded, "big picture" perspective. They realize a 1/4 point ease by the Fed isn't going to fix all that ails our global economy (unlike the traders who bid up the US Stock Markets last week). It's interesting to note how their opinion differs from the "wall-street wonders" who provide guidance. Their use of FA and TA to bolster their assertions is compelling, and I usually do not disagree with their reasoning or supporting data. Edited: Although the larger problems have not been addressed, I would not be the least bit surprised by a continued market rally due to all the people trying to get a dance with the prettiest girl at the prom. I think breaking 8000 has a significant psychological importance and it will be in.teresting to see how high we go before falling beneath it again Edited 2: Looks like pretty good support at around 8200, eh? I'm running out of "edit time" so can't spend a lot of time staring at the chart.