VOLTAIRE'S PORCH-MODERATED Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Voltaire who wrote (27249)	12/27/2000 12:26:37 AM
From: chic_hearne	Read Replies (1) of 65232

IF THE FED REDUCES RATES IN JAN. AND INTIMATES FURTHER CUTS, DON'T COUNT ON PULLBACK IN MARKETS. Why? It is my understanding that typically markets keep falling after the first rate cut. Although, I firmly feel we are in unchartered waters given how big this bubble still is (biggest in history still), so therefore anything is possible. Are you suggesting "it is different this time"? I expect anything going forward, I believe all the speculative money has to be wiped out before a bottom is found meaning there will be many failed rallies trapping ClownBux before all is said and done. We will reach bottom when there isn't money that wants to buy the dip for months, and we go sideways for a period of time and people give up, then we go up. That said, this is a traders market. I only feel comfortable playing with a small percentage of my money and only to the short side for now. I'm looking at a few longs looking to run front month calls only as a hedge, but betting down is still the best bet IMHO and I don't like to hold longs overnight for fear of REAL capitulation.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next