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Pastimes : Trading the markets.....
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To: GROUND ZERO™ who wrote (1895)12/14/2000 3:15:59 PM
From: Real Man  Read Replies (1) of 4583
 
Or maybe this IS the end of the world. The Fed-injected credit bubble has burst. Rapid slowdown in the US will bring more casualties and selling. And the selling of the dollar will cause inflation and NO easing/tightening on part of the Fed. Finally, some big banks that play derivatives will go down the drain. In other words - this does not have the look and feel of the bottom. More down and distressed selling of those who are too long (on margin) is to come.

We are on our way down, I'm not the one to pick bottoms.
Sell the rallies is the correct word.
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