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Non-Tech : The Critical Investing Workshop
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To: stockman_scott who wrote (4485)2/20/2000 11:52:00 PM
From: Voltaire  Read Replies (1) of 35685
 
Hi Scott,

I appreciate the post. I have been pretty well saying the same thing and not apologizing for it. As I have said and was telling JW at breakfast, I am sorry but the Houses are as much to blame as anyone. They have built their vast inventories on the recycling of fear and it no longer works. The boomers who have been touched by technology don't give a damn and what people had better do is hold on to their tech and don't believe the crap you are about to hear from the Houses this next week. The Houses have loss control for the first time that I can remember and basically so has the Fed. Like I told you the other night, I disagree that AG is senile, he is a genius of the unspoken and twistspoken and he got exactly what he wanted. His problem is that it last less and less time. I have been saying this for sometime. The reason I do not feel we have a problem is because no longer, with the Houses out of control is there going to be a drastic sector rotation scenario they can count on. If anything it is a four point play the other way. Not only is the money going to stop going into the Dow and S&P stocks but it is going to continue to go into tech as if it is replacing Gold. Just watch what happens, remember, it is the Houses that cause corrections and the Fed that causes recessions. Let me tell ya, there is nothing that can not be corrected with a check book as witnessed by the so called Asian crisis. I say AG does not raise over two more times. The reason you are going to have people yelling crash is because of vested interest in the inventories that are down and they are crying for the tech money to switch over, IT AIN'T GOING TO HAPPEN and the houses are scared shitless.

Down the yellow brick road we continue. Tuesday will be the day the Houses try their biggest scare tactic of the year.

Sleep well and tell em I said go to hell,

Voltaire
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