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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: SE who wrote (7085)10/23/1998 9:18:00 AM
From: coug  Read Replies (1) of 44573
 
Good morning Scott,

Thanks for the link to Carl and then I read the response which gave a link to Fleckenstein..We all knew in our minds some of the big boys had the heads up about the rate decrease but Fleck puts some sort of credibility on it. I usually do not have a preconceived
notion about the market but the stuff that has been going on makes me
more and more bearish..

The point about it is different from 1990 is very good..We are now
fully invested.. I wonder how many NEW ACCOUNTS with NEW MONEY are
being established OTHER than the old monthly contributions that the
people are locked into..

That rate decrease was like a person with severe personal problems
taking a slug of whiskey, gave him a rush for a couple of hours but
he will wake up with a hangover and have the same problems.. The
hangover on this could be.. purchased stock at higher prices..Well
we can take another and another slug (rate dereases).. We will become
adicted.. with the same problems and have a new one to DEAL WITH,
Hyper inflation in a Recessionary environment.

Anyway, we stretch and yawn... as a new day dawns.. with all the hopes and dreams that one can glean.....

good luck all........ the Coug
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