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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: westpacific who wrote (3343)4/30/2001 1:40:30 PM
From: Tommaso   of 74559
 
Russell is a little too gloomy for me, given the huge increases that the Fed is causing or permitting in the money supply.

But the sudden influx of signifying nitwits into this thread who want to attack you for mentioning Russell, among other things, is similar to what occurred when extreme panic hit the markets in 1998. That was before the big rates cuts; this time it's after the "surprise" cuts. It's a good sign for anyone who is on the short side of high P/E stocks or indices when this happens. The shriek of hysteria from those whom the market has already castrated.
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