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Strategies & Market Trends : Classic TA Workplace

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To: JRI who wrote (57765)	10/25/2002 3:54:22 PM
From: John Madarasz	Read Replies (2) of 209892

people in power never want to give it up, so this period coming up represents the potential for 6 more years of reign. 2000 has nothing to do with it, there was no real incumbent, Clinton was out of it...it was anyman's game. and he, Rubin and that admin had already robbed the country blind, literally and figuratively. Fed's been pumping away out of sight too...days before this rally took hold in early Oct. No big deal, what goes up.... buttt, i'm not under estimating the mojo these guys have to push this further...or prop it up. That has to be respected. After the elections...and a possible rate cut to cement the deal...the USA is staring down BOTH barrels of the 2nd dip...and probably another after that before all is said and done. The Nov - April seasonality issue has been a much slighter effect during cyclical BEAR markets, thats a fact. Cash is king for me right now. Once the all clear signal is given, and the public really rushes back in, that'll be the time to sell. VIX in the 20's??? a few more sessions like this and we're there<gg>

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