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Strategies & Market Trends : Ask DrBob

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To: FLACK who wrote (33759)5/16/2001 11:04:05 AM
From: bcrafty  Read Replies (2) of 100058
 
FLACK - "It's a Barnum & Bailey world"

Yep, as long as suckers are being born every minute. And judging from the buying this morning there must have been a baby boomlet not long ago. But I kind of expected some "dip buyers" to come in today as reality has not set in for them yet. Oh well, more shorting opportunities ahead as long as this continues.

Now that the FOMC is over and gave us no surprises, like a .75 cut, I don't think we have much to look forward to for the rest of the month. I agree wholeheartedly with Dr. Bob's words this morning that things don't look rosy for the immediate future.

Planning on eating "fed phooey" leftovers?
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