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

To: Terry Whitman who wrote (22604)	4/4/2000 10:18:00 AM
From: pater tenebrarum	Read Replies (2) \| Respond to of 42523

that would be great...if the big move in the Bradley that points higher into July inverts, the bears should have their day in the sun. however, it is highly unlikely that that will happen. the Fed is printing money like crazy, and virtually all of it seems to be flowing into the stock market, as there are no productive uses for it. the NAPM data have shown that there still is vast overcapacity in manufacturing, and UIS reported that tech spending has NOT picked up post y2k, on the contrary it has shrunk dramatically. NCDI, a small thin client firm i'm watching reported a collapse in Q1 sales today. so no productive use for money + a CB that has the printing presses running overtime (presumably to ensure a Gore victory), equate to a rip-roaring stock market... this is of course exactly the same backdrop that characterized late 80's Japan and the roaring '20's...