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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who started this subject10/22/2003 2:49:55 PM
From: energyplay  Read Replies (2) of 74559
 
Went to even more cash - about 30+ %

I expect all sectors will be dropping, but I expect some (mining, energy, China related) to recover in a few weeks.

Basically, the pull back on the money supply (MZM, M2) is like jerking the leash on a very small dog - really moves the dog.

There's also a LOT of profit out there at risk. Many people can go to all cash now and have a good 2003.

I think traders want some time to -

1) Sort through all the earnings & Q4 guidance info.

2) See where the various economies are going for Q4 and early 2004. Lots of disagreement - boom or bust or ?
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