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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (4050)5/31/2001 1:52:13 PM
From: Stock Farmer  Read Replies (1) of 74559
 
ROFL... Jay, you are correct.

We should indeed lobby to rename this thread "The coming financially unhealthy event for my money if it was fully allocated to equity of 2001"

I was having a "discussion" with a friend the other day who was trying to convince me that the market always rebounds 25% or so after fed rate cuts. He was oblivious to the fact that we have enjoyed more than 30% so far within the past few weeks (almost six months after the first rate cut?) and are now perhaps standing in the "so then what happens next" zone.

Much like that instant at the very top of a toss in Disneyworld's "Tower of Terror" ride. You know, marked with that sort of weightless feeling in the pit of your stomach?

The equity threads are so quiet

John.
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