MDA - Market Direction Analysis 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 : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bobby beara who wrote (79609)	7/6/2001 11:36:45 PM
From: American Spirit	Read Replies (2) of 99985

You still haven't answered the question. Three months ago we needed 400 new power plants now we need none. We needed to drill in ANWAR now we don't. What happened? Was it the appearance of a potential policing authority where there were none? Namely the loss of control in the Senate and Dascle's power to investigate? Things just don't go from A to Z in three months because a few more tankers came in. And why are energy lobbyists now offering to give back billions? They don't just do that you know. They are trying to hush up something very big, very-very big. What does this mean to the markets? Maybe that energy stocks are no longer a hedge (though they'll have great earnings for awhile). But also maybe that the whole thing is going to gradually turn around and reverse itself, that is, the entire mind-set of Bush's first 100 days and the market's behavior. Everything politically and economically could reverse itself within the next year. Bush will still be there of course, but maybe not Cheney. And I'm not talking about his heart problems. Remember what happened to Spiro Agnew? If this happens Bush is a lame duck for the next 2.5 years. This could bring about a much more moderate government and potentially a huge market rally. For some reason the market just doesn't like Bush. Except for oil, drug and tobacco stocks of course, his three biggest soft money "donors" (putting it nicely). Oh yes heads are gonna roll. And the times they will be a changin'. The markets too. But it's going to take a little time. If I had longterm money to invest I'd buy the hell out of techs now. But I don't. Got to get to trying to make some. gg

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next