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Strategies & Market Trends : Strictly: Drilling II

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To: NOW who wrote (5004)12/6/2001 6:06:37 PM
From: isopatch  Read Replies (1) of 36161
 
Right. Nor is the pre Y2K crank job by the Fed

going to be analogous in it's effects on our stock markets as far into next year as Jake seems to think.

In terms of the global economy, we had the wind at our backs going into Y2K. This time it's a 2000 pound monkey on our back. That alone is huge vis a vis our stock markets staying power. And there's many many more tenants to the bear case. Post following this one will cut and paste an excellent piece I saw last night on another thread but didn't have time to put up here then.

Anyhow, IMO Jake's way over stating the staying power of this rally. He's been listening to Zev too much<lol>

Isopatch
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