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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (32955)3/9/2001 10:26:23 PM
From: Jim Willie CB  Read Replies (2) of 65232
 
TommyReb, I truly believe the only way to make money on the long side is to correctly anticipate GreenScrotum's next "capitulatory" move

the first was on Jan3rd
that is not his last
can you recall when the nation was calling for his sainthood back in the spring of 2000 ?
everyone was talking about a Soft Landing ?

THERE HAVE NEVER BEEN ANY SOFT LANDINGS
the Fed overshoots every time
and people here are tired of hearing me rant & rave
now my rants are from a man who is barely staring at five figures in the wallet

GreenSlick admitted to the world his error on Jan3rd

if you can anticipate when he will next make an interim rate cut, you have the prescription for a hefty bull run for 2-4 weeks like in January

such an unexpected cut must come after more damage to the economy however
GreenDog is now preoccupied by inventory levels
he has lost track of capital expenditures, a critical element
he has never even monitored or studied IPO's or VC's
another level of damage is about to come from these factors

as I see it, the lack of IPO and VC factor now will play out with slight upticks in inflation from lack of smallfry lilliputian formidable competition

I still say "go long sometime after the spring"
anything earlier is simply premature permabull ejackelation
next up is tax payments in the next few weeks

investor agenda is only 30-40% correlated with Fed agenda
and as for the Houses, foregeddaboutit
their credibility and competence is TOTALLLY SHOT
AbbyJo ups her stock percentage one week before Intel warns AGAIN

sometime in the next two weeks, Naz goes under 2000
I expect a probable ELECTRIC but temporary rally, then a retest

I remain a very much humbled jackass
but the wheels still spin

visiting an old college chum in Columbus Ohio
I actually talked to 3 kids in my old dormitory room
that was over 30 years ago, an eerie experience
the only difference was the prevalence of PC's
we talked about how I was there during spring70 campus rioting
they said they read about it in history books
wow, Jim
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