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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: marc chatman who wrote (18026)	11/27/1998 12:50:00 PM
From: Lee Lichterman III	Respond to of 42787

Not sure what will bring it down since everyone ignores bad news but yesterday while we were enjoying Thanksgiving, the news was showing how many Japanese homeless were out and about on the streets. They highlighted how many of themn used to be corporate big shots but now carried everything they owned in a plastic bag. Here in Boise there were many in the soup kitchen lines getting their Thanksgiving handouts, I immediately wondered how many were ex-MU employees celebrating the increase in DRAM prices <g>. They also showed the kids in Malaysia picking through the garbage dumps finding plastic etc to sell to recycling plants so they could get something to eat. The report also stated they did not see a turn around happening soon so obviously they didn't research well enough since the Japanese market has bounced from 13K to over 15K now and we are at new highs here. Don't they know that earnings don't matter? Earnings pre-warning season will be interesting. Maybe that will bring the market back to reality. If not, I guess we keep going until Ruebins printing press breaks. Lee