NTAP at its HIGH $152 six months ago in a WEAK ECONOMY tell me it will rebound due to GROWTH faster than the rest of the market. Its a MARKET EVENT not an ECONOMIC EVENT to quote Abby Joseph Cohen, and as the Fed rate cuts help the economy to recover some 6 months or less, we will see the markets recover sooner, like anytime NOW 6 months ahead of the economy. The large PENDULUM SWINGS BOTH WAYS to the extreme, and we will look at the market sell offs and panics as an extreme swing too far down, and as the economy grows, the so called excessive swing upwards in 1999 will seem the norm, as the market will recover and exceed its previous highs, IT ALWAYS DOES. NTAP will do the same. Sellers will kick themselves the day NTAP doubles, triples, and then doubles again, they will scream bloody murder the day its returns to and exceeds it high of $152, but unless they were forced to sell off due to margin or maintenance calls, they will only have themselves to blame, otherwise they will have Greenspan to blame. Maybe some reforms are in order to limit short selling, "BORROWING is STEALING"; and to end the MONETARY POLICY CENTRAL CONTROL of the un-elected Federal Reserve and place the control of the economy back into the hands of the common voter, Business owner-Capitalist, and Congress and the President through FISCAL POLICY like tax cuts, and budget cuts and Treasury rate cuts. Shore up US Shores.
I am,
Truly your$,
-Crystal Ball |
