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.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Circle who wrote (50322)	4/14/1999 4:44:00 PM
From: Greater Fool	Respond to of 164684

It's just that this market may well be cut in half within a year. The price of oil is about to take its toll on our economic miracle, especially in terms of flow of funds to US technology stocks. You're right that the market may be cut in half. That's about the floor, as far as I can figure. It also may double. That's not the ceiling. The ceiling is the total amount of wealth available for equity investment, which is much more than double the current total. What evidence is there of oil prices rising to a point they significantly impact the economy? I don't follow it closely, but isn't oil about $10 a barrel?