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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (28797)9/26/2001 2:09:06 PM
From: dwayanu  Read Replies (1) of 30051
 
...period where all the stops are removed, the feds will lower the rate again next week, and Congress is working feverishly to find fiscal ways to revive the economy

Granted. I'm about 85% long, and getting nervous <g>.

With the turnips calling for a 1987-esque scenario (market psych blow, retest here, real retest in December or thereabouts), do you (or anyone else?) recall whether the situation/attitudes in post-crash 1987 had good elements comparable to your points above? (I wasn't paying attention to the market back then, I was one of those propellor-heads working for guys like you <vbg>.)

- Dway
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