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Strategies & Market Trends : Charts & Scans

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To: Lazarus_Long who wrote (2838)4/29/2003 7:30:42 AM
From: Jeff Jordan  Read Replies (3) of 5125
 
Yes, I need the EBAY trade and I need it now not 3 weeks from now.<g>

I think everyone is confused because the bear market is ending not because the economy is actually improving, but some people are acting like they want a new bull market.

I don't see it yet...I'm not saying we won't begin to see it in 6 mos. I'm just saying it isn't here yet? This reminds me of false rallies of the past. I have no choice but to let all my current trades play themselves out.
The 1stQ GDP was absolutely horrorible. It hardly justifies current valuations.

BTW, I hope your right that higher interest rates are a long time off. But, greenspan knows printing money causes inflation. These days the fed doesn't even print it...mostly electronic.

I just noticed ERTS over 60? man crazy market? Valuations are still way out of whack.
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