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.

Pastimes : JESUS and FINANCIAL FREEDOM -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (1083)	11/4/1998 1:31:00 PM
From: gregor	Read Replies (1) \| Respond to of 1283

Barry: Watch those 200 day ma's when they are tested. I am still a little befuzzled by the "liquidity crisis" and it's effect on the high yield corporate markets and especially the real estate market. I can understand how the banks become a lender of first resort rather than the last resort in a liquidity crisis. I can even understand how a lender would increase credit worthiness of a portfolio of loans and charge greater premiums to less worthy borrowers. But what I cannot understand is that all this seems to be pegged to the new issue market in both corporate stocks and bonds and IPO's. Forgetting for a moment what happened in Russia , Brazil, and even SE Asia, ask yourself the question ? Is it really as critical as the markets have reacted. That is what every investor has to ask and according to the answer, must act accordingly. In Christ.gregor

To: yard_man who wrote (1083)	11/4/1998 2:14:00 PM
From: gregor	Read Replies (1) \| Respond to of 1283

Barry: I have asked myself how close are we to Japan's situation in 1989. Back then they had an incredible savings rate that threatened to undermine their economy. They had a real estate debacle with property prices falling from astronomical levels. They also had a lot of inefficiencies in the distribution channels, lifetime worker policies, a banking system that was crooked and corrupt, a banking system that was lending to the rest of SE Asia, and a banking system that tied reserves to the present value of stock portfolios. On these major points there is not a critical level of similarity to the US, although there are definitely some similarities. If it is true that the Asian economies put us into the situation we are in now, then it would follow that they could conceivably pull us out. Time will tell my friend. I do not worry abou it. In the eyes of the world we are very pooor my friend but in Christ we are very rich indeed, When the Lord comes as quickly as a bolt of lightning out of the eastern sky; we are gladly leaving it all behind. Can you imagine the ado it will bring about when those that remain start fighting over what little we leave behind. In Christ.gregor Nikkie chart.......http://www.comcen.com.au/~qindex/nikkei-monthly.html