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Strategies & Market Trends : Galapagos Islands
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To: AugustWest who wrote (3507)9/30/2002 5:07:31 PM
From: Jorj X Mckie  Read Replies (2) of 57110
 
I have a theory that I am working with. I believe that the fed/gov/PPT have all stepped aside to let the market reach a bottom. I think that this was signaled by the past couple of public statements that Greenspan made. Any rallies will simply be shorts taking profits.

I have nothing to back up my speculation.

cept maybe that the fed started draining money from the system shortly after AG's comments.
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