>>> What a piece of shit snooze fest INPR is.
Most of the boards are quiet. This is due to the fact that everybody has gotten hurt except some of the shorts. And most of the shorts are circumspect enough to gloat somewhere else.
Things for small investors are bad, and may get worse. The mutuals show net redemptions, G7 did dick-all, and impeachment of the Prez proceeds apace. The Fed doesn't get the picture, quarterly profits may be down, and the market has downward momentum.
Nobody sane can doubt this is a bear market, eh? All the 'buy the dips' talk has died down here.
Still, if even two of the factors I mention above were to decisively reverse, there would be a nice buying opportunity, don't you think?
Both G7 and the Fed seeing sense may depend on the president being strong enough to direct the action, and unfortunately that now depends on the likes of Newt Gingrinch and Dick Army and Tom deLay. So, I guess we are now without a leader, except for reactive foreign policy. Even if Clinton resigned, they have already started the same process against Al Gore, so the result would not be positive.
I think we are in for months more of this kind of BS, unless the Republican majority in congress is voted out. If that happens, I am buying with both hands.
Chaz |