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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Sully- who wrote (43512)10/24/2001 8:20:25 AM
From: stockman_scott  Read Replies (1) of 65232
 
"If the focus on the market were to continue to go up even with bad news, that would indicate to me we're going to recover," said Phil Dow, stock market strategist at Dain Rauscher Wessels.

For now, it's probably too early to call a bull market, but the stage is almost set for one, according to First Albany's Johnson. Aggressive interest-rate cuts by the Federal Reserve - nine this year, setting a target for short-term rates not seen since the Kennedy administration - have helped put enough money in people's pockets to spark purchases of stocks and goods, fueling markets and the economy at the same time.

money.cnn.com

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Tim: I would be VERY SURPRISED if we have already captured Bin Laden....My hunch is the Special Forces and SAS would assassinate him once he is found (why give him the privalege of a trial..?)...I think these rumors could be started by some large Offshore Hedge Funds that may have bought A LOT of call options and want to stimulate a quick move up in the Naz...=)
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