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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Peace who wrote (36897)11/30/2000 10:02:39 PM
From: dennis michael patterson  Read Replies (1) of 42787
 
>>IMO it is time to start building longer term positions. <<

I have no idea about how far we need to go. The fundamentals are awful AWFUL! There is NO growth, at least nothing like what we've been used to. We will avert a recession only if AG cuts rates soon. I do not think he'll do that. The rate increases have effect 6-9 months after they are made. The Fed went too far. Christmas will be a retailing disaster (not for consumers!). It's not a new paradigm, just the old one.
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