Iqbal my friend in gay Paree........
if AG is talking about "deflation", not "inflation" anymore, lookout on Tues...
we could see a gigantic relief rally of say, oh 300+++ points or so....
WOW!!! all bets are OFF for the bears.........:>}}}}
now here's my numbers...we sold off from 9300 to 7400, a total of 1900 points...so we could retrace 50%...8400-8500 fast...
however if "real" deflation is in the cards, then a recession "WILL" happen late in 99 as I thought...not good for Corp Profits & business in general...
so while the "inital" response will be exciting and wildly bullish, the end result will be a major negative for us all....
i giveth, and taketh away, LOL<ggg>.........of course the rally will be tradable...
DELL-AOL-LCOS-YHOO-GE-IBM ALL THE OILS(BIG OIL), LU-NOKA-WLA-SGP-CPQ-NSCP-ATHM-VOD-FON- man I could name a zillion...
probably a 25-50% gain in the next 2 weeks, TILL earnings come out....
IKE we'll be rockin' & rollin' next week...
Have a wonderful weekend, i'm having all the family over for a swim party, great food, and of course on Sunday here in the USA., we'll be betting every football game we can!!!!!!!!! Lay the points against the Eagles they suck!!!!!!!!!!!!!!!!!!!!............:>} |
