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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Justa Werkenstiff who wrote (2175)11/18/1998 9:31:00 PM
From: MrGreenJeans   of 15132
 
M2

What is your take on M2? Are we sloshing around in liquidity?

This is a very easy question. All the excess liquidity the Federal Reserve has been pumping into the economy will find its way into the equity and financial markets driving prices even higher. We are virtually certain of new all time highs with forecasted ranges adjusted even higher.

Your other points are well taken. The market has made historic moves these past few weeks and the no one can criticize anyone for taking profits in here.
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