MARKET INDEX TECHNICAL ANALYSIS - MITA 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 : MARKET INDEX TECHNICAL ANALYSIS - MITA

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: J.T. who wrote (7201)	3/12/2001 2:02:04 PM
From: David Lee Smith	Read Replies (1) of 19219

Nothing to stop Mr. G from a 1/2 point surpise rate cut except his ego of correctly calling this "irrational exuberance." Last week's future inflation index was tame enough to allow a surprise cut without fear of igniting inflation. See dismal.com Tracking money flow, money is flowing out of money market, foreigners are buying our bonds and money is flowing into bonds. Since money is not flowing into money market in a big way, one must assume that cash is not coming out of stocks. This suggests that cash is going into bonds and/or there are a lack of buyers of equities. Perhaps the money is going into shorting stocks. And why not? The speculators just lost their shirts in the market and don't want to appear foolish. I'm hearing people who bragged about making big profits in the tech bull market suddenly saying that now their "hedged" or "short". When the janitor and cleaning lady are talking about commodities, being hedged and going short, that the time to go long. JT, good trade! Now it's time to get back on board the bull train. There's a now kind of short player in town and they're gonna get squeezed like its the very first time, cause it is! Long 2X S&P 500 Index. Best wishes, David

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next