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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Zeev Hed who wrote (10904)12/5/2001 5:52:16 PM
From: LTK007  Read Replies (1) of 99280
 
Art Cashin today,not verbatum but close any way "Well we are seeing a classic don't miss the boat rally,that sideline money is plunging in now.But,you know what,the savvy traders on the floor are just standing on the shore waving that boat bye,bye." his message pretty clear i think:) He also went on about the Greenspan money pump and saying that money consumers were supposed to use for shopping but it looks like a lot of it is going into the market.And then stated what we have here is a re-run of the last time Greenspan created massive liquidity.And from his remark about standing on the shore,i think he is clearly standing this will have the same end.Max
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