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Strategies & Market Trends : Sharck Soup

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To: GREENLAW4-7 who wrote (11838)3/15/2001 7:43:50 AM
From: GREENLAW4-7  Read Replies (1) of 37746
 
Japan has followed our NASD down since september, back in 98 when fed interviened it did put a bottom in Japan. I believe the fed will do the same in 2001 and will help place a bottom in the equity markets. I am not of the belief we have to rally to 4000, but that we will stay range bound from 1800-3100 until next fall.

I have a lot of faith in Greenspan and I think is funny how so many short term investors think we can't have a bump in the road in our economy! I do not think we are heading into a recession, but that we are experiencing a slow down. I expected this last March when I went short the NASD, and I now feel this corrective bear market is coming to an end!!

Comments are apprciated and I will ask anyone who reads this post to think back to 87-92, 94, 98 .
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