VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Boplicity who wrote (28564)	1/8/2001 1:12:20 PM
From: limtex	Read Replies (2) of 65232

GM - Well now what. no end in sight to the daily drop. In the last three months no consecutive three days up. Now with the election out of the way, December selling period out of the way October/November fund selling period out of the way Bush victory that was supposed to be good for equities Bush announcement of a biggish tax cut statements from Mr G that he was keeping a close watch on the economy Fed chaging bias to neutral Abbey Joseph Cohen saying that the market was ovesold by 15% or so ( she said that when the Naz was over 3,000) A surprise rate cut of 1/2%, only ever happened once before in the last hundred years ( quick pop which lasted all of two and a half hours) Still equities are unwnated and people selling into the least rally. What next? Getting time to call it a day. Best regards, L

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