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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Captain Jack who wrote (12079)7/18/2001 10:24:53 PM
From: Berney  Read Replies (1) of 52237
 
Captain Jack, I'll also respectfully disagree!

I believe that Big money decided to go out of the Market last Fall, knowing that 1) the Market requires energy (money), and 2) they wanted to remove the Market as an election issue. I really don't consider that they cared who won, but were following a party line. No one, no one appreciated that no one would win. Compound this with the fact that, I believe, AG & Co felt they could not enter the battle and Boom! One of the largest contributors to monetary expansion - the federal government - was without direction and out of the equation. Combine this with AG & Co still putting the brakes on the monetary expansion in front of the (now) illusionary Y2K concerns, and the bubble they long-ago warned about, creates the current scenario.

IMVHO from the ashes, the Phoenix will rise. Unfortunately, it may take another six months.

Just a View from the Swamp

Berney
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