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Politics : Formerly About Applied Materials
AMAT 223.95+1.7%Nov 21 9:30 AM EST
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To: Big Bucks who wrote (25343)10/15/1998 11:24:00 PM
From: 16yearcycle  Read Replies (4) of 70976
 
BB,

Let me make it clear that I am less bullish than last Thursday's "time to get rich" situation, but someone here needs to tell the neophytes that the historical record of the market after 3 fed easings is one of enormous gains over the next year. I have just been waiting for someone else to say it since I hoped to not get out in front here again as I had to dodge a few tomatoes.

Again, we have had a huge run for 1 week so hold the name calling if things flatten out, but getting in the way of an accomodative fed is historically suicidal.

I would implore investors with a less than 5 year track record and less than 7 figures to stay away from any short positions of any significant size.

gene

PS: This is meant as informational only, as you need to consult your own dartboard before serious investment decisions. I am willing to loan mine out at an exhorbitant fee, however.
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