CFZ E-Wiggle Workspace Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : CFZ E-Wiggle Workspace

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JRI who wrote (762)	3/14/2003 11:17:46 AM
From: Perspective	Read Replies (2) of 41461

Perhaps this is bigger picture than you guys want on this thread, but I'm seeing surprisingly little discussion of the nature of this rally. This is the Iraq resolution rally. People who think this is 1991 all over again wanted to wait til the last reasonable minute to buy before the resolution begins - what better time than two business days before the March 17 showdown. You don't know that it will be resolved, but it's the only real date that crowd has. Obviously, I don't believe in the 1991 repeat scenario at all. The economic backdrop couldn't be more different (sheesh - back then the tech buildout hadn't even started - Internet-what? And all that home equity to tap and corporate debt to issue.) However, this rally should be given the respect it's due. Let's see how many fools there are who are going to play the 1991 repeat scenario, and more importantly see how much money they're going to throw at it. Of course, there could also be an element of rate-cut anticipation to this as well, since AG still has a bullet or two left. BC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next