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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: LLCF who wrote (13859)1/24/2002 10:42:22 AM
From: AC Flyer  Read Replies (1) of 74559
 
The building blocks of a sustained uptrend are falling into place.

1. There is a vast amount of money sitting in cash and short term interest bearing accounts earning 1.5%.
2. Last year's huge write-offs create the potential for very favorable year-over-year earnings comparisons.
3. Media psychology is at a turning point with more stories emphasizing favorable events - Amazon just turned a profit, for Goodness sake.

We have a shot at a HUGE upmove starting soon, imho. The bubble lives!
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