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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: mishedlo who wrote (9111)9/14/2001 11:40:10 AM
From: patron_anejo_por_favor  Read Replies (2) of 74559
 
<<Of course they will sell that rally to J6P screwing him again.>>

That's the plan...try to slow the tidal wave of mufu redemptions by appealing to a misplaced sense of patriotism, and distribute to the bagholders on Monday...

Foreigners feel no such obligation to put every dime in the market though, and the dollar has been falling. Expect reversal of capital flows from overseas.

People need to disabuse themselves of the notion that propping up stocks (especially at the expense of other investment classes) at all costs is in some way good for the country.
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