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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (29588)10/18/2000 6:25:24 PM
From: RocketMan  Read Replies (3) of 436258
 
I hope all the bears took advantage of the crash this morning, you had one hour or so to do it. And I hope all the bulls took advantage of the meltup late morning, you had about two hours to do it. I wonder how many crashes and meltups we will have tomorrow? The stock market is now in its rococco stage of bufoonery. Makes me long for the nice, steady days of October 87.

I suppose this is what happens when you converge a schizophrenic Fed, gargantuan hedge funds, CNBS, market mania, and internet time.

In the meantime, CPI is up, earnings are slowing, interest rate bias remains up, XAU remains in a bear, and you can put a fork in the Euro. I think I will go long -g-
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