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Strategies & Market Trends : Sharck Soup
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To: velociraptor_ who wrote (19649)5/2/2001 2:15:16 AM
From: Mike M   of 37746
 
I'll be bullish for the mid term and officially declare the market insane based on irrational stupidity.

velo, it makes just as much sense as someone claiming that the market wasn't worth buying until the NAZ reached 1000. Markets get overbought and oversold all the darn time. If you don't pay attention to what they're saying you're going to get hurt.

You don't fight the FED until the FED is proven emasculated and that hasn't happened, yet.

P.S. Despite the long bond's slide, the yield curve is normal. That seldom creates a problem for the market as long as short term rates are not threatened.
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