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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Activatecard who wrote (21815)	3/31/2000 1:23:00 PM
From: IceShark	Read Replies (1) \| Respond to of 42523

Look at the indices again. You have your answer? -s- There is a pile of retirement cash hitting and it is being put to work as we speak.

To: Activatecard who wrote (21815)	3/31/2000 1:28:00 PM
From: pater tenebrarum	Respond to of 42523

yes. there is now more liquidity in the system than at any other time this year, and it's growing by leaps and bounds on a daily basis. in all likelihood all the major indices will make a stab at new highs in short order. only something unexpected, unforeseeable, could possibly derail that scenario...nuclear war or some such unlikely event. the smart money has already distributed most of its shares in the rally from the October lows. now is the period during which insiders get to sell their shares and WS milks the mania for it's last dollars by doing as many IPO and secondary deals as the system will bear. all this can only take place under the guise of a rally, so a rally we'll get. Greenspan has orders to let the good times roll without denting confidence. therefore the ruse of raising rates ("anti-inflationary prudence") while printing money at an unprecedented pace. the public will then well and truly be left holding the bag in its entirety...to wit, the giddy fund inflows this year. so the prudent thing to do would be to expect the mania to continue well into the summer probably. unless an unexpected development occurs. but if everything stays the way it is, the big pump priming should keep on goosing stocks.