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To: pater tenebrarum who wrote (30346)5/1/2000 2:20:00 PM
From: SBerglowe  Read Replies (1) | Respond to of 42523
 
We are all near term bullish on inflation...but that may not include inflated stock prices....

Whay are all the financial stocks so strong today..a setup?



To: pater tenebrarum who wrote (30346)5/1/2000 2:38:00 PM
From: re3  Read Replies (2) | Respond to of 42523
 
the top is in today.

how do i know ?

i know because i lightened up a bit on gold by selling some franco nevada to buy cra and lgnd...

it will be easy to remember today, may day double zero...this move will likely rank up there with a certain someone losing a half day pay to run downtown to buy silver at 38 or wifey buying nasdaq funds at 5k saying 'everything points to high tech'

:)



To: pater tenebrarum who wrote (30346)5/1/2000 7:13:00 PM
From: fedhead  Read Replies (1) | Respond to of 42523
 
Hi

Is it possible that the NASDAQ discounted a 50 basis point hike at its lows at the 3300 level. That would explain it
rallying after the inflationary ECI number was releived. Unless the inflationary picture worsens I believe that 3300
was the bottom.

Thanks
Anindo