Comments on: Stock Market Took A Big Fall http://www.1stMillionAt33.com/2006/11/stock-market-took-a-big-fall/ A site to share my tips, tools, and humble thoughts on the journey to wealth Sun, 02 Oct 2011 19:26:45 +0000 hourly 1 http://wordpress.org/?v=abc By: Frugal http://www.1stMillionAt33.com/2006/11/stock-market-took-a-big-fall/comment-page-1/#comment-1790 Frugal Wed, 29 Nov 2006 09:04:05 +0000 http://www.1stMillionAt33.com/2006/11/stock-market-took-a-big-fall/#comment-1790 JC, I don't necessarily agree with your description of "reversing the dot com trend". I believe that all of these are rather serial bubble-blowing by Fed, so that there is always a bubble blowing to captivate the general public. Certainly Fed does NOT want anyone to go into commodity. Technology spending will be always there. I don't think there would be any big burst except HDTV. Vista's effect is hard to tell now, but it would definitely benefit DRAM makers. I hope you are right, so that my net worth would increase more. But I'm not banking on those gains using my own money. JC,

I don’t necessarily agree with your description of “reversing the dot com trend”. I believe that all of these are rather serial bubble-blowing by Fed, so that there is always a bubble blowing to captivate the general public. Certainly Fed does NOT want anyone to go into commodity.

Technology spending will be always there. I don’t think there would be any big burst except HDTV. Vista’s effect is hard to tell now, but it would definitely benefit DRAM makers.

I hope you are right, so that my net worth would increase more. But I’m not banking on those gains using my own money.

]]> By: JC http://www.1stMillionAt33.com/2006/11/stock-market-took-a-big-fall/comment-page-1/#comment-1787 JC Wed, 29 Nov 2006 06:44:24 +0000 http://www.1stMillionAt33.com/2006/11/stock-market-took-a-big-fall/#comment-1787 The stock market may not be as bad as you anticipate. When the dollar is weak, it gives US companies the competitive edge to make their goods cheaper abroad. This may not be tranparent at first, but it does translate into profit. As housing (consumer spending) continues to drop, technology (business spending) will pickup. We are essentially reversing the "dot com trend" - When the "dot com" went bust, housing picked up. With lots of mergers & acquisitions in the works, we know businesses are in the market to spend. And they will probably spend it on the new breed of technology that is about to implode into the market, ie. Vista, Seagate's encrypted hard drive, Wifi, etc. A segment of consumers will buy Playstation 3, Wii, HDTV, etc. The stock market may not be as bad as you anticipate. When the dollar is weak, it gives US companies the competitive edge to make their goods cheaper abroad. This may not be tranparent at first, but it does translate into profit. As housing (consumer spending) continues to drop, technology (business spending) will pickup. We are essentially reversing the “dot com trend” – When the “dot com” went bust, housing picked up. With lots of mergers & acquisitions in the works, we know businesses are in the market to spend. And they will probably spend it on the new breed of technology that is about to implode into the market, ie. Vista, Seagate’s encrypted hard drive, Wifi, etc. A segment of consumers will buy Playstation 3, Wii, HDTV, etc.

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