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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Venkie who wrote (53430)1/3/2001 3:20:32 PM
From: marginmike  Read Replies (2) of 436258
 
If you can explain how a .50 point cut will help BRCM sell more cable Modem's, or CSCO more router's ill go long. If not this is just a BIG short covering rally. It is not healthy for the market to jump 12-18% in one day. Its a sign of speculation, and mania. I agree a rally will comense here until april or so. If the bulls were smart they would take that OPP to get out. Naz still has a 100pe, and we are on the downside of a cycle. Interest rate cuts will help but they wont cure.
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