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Politics : High Tolerance Plasticity

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To: kodiak_bull who wrote (19954)7/25/2003 2:26:33 AM
From: energyplay  Read Replies (1) of 23153
 
KB - neat site ! Thanks.

Looks like we are at a turning point for the rest of the summer.

Two months ago, lower than 400,000 new jobless claims would have meant 150 on the Dow minimum and and another 100 points in the rest of the week.

Appears the liquidity driven part of the rally is done.

Earnings reports are VERY mixed - some big upside & down side surprises. It may take until Q4 for earnings to get uniformly good.

I'm reducing exposure and buying some gold (NEM).
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