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To: pater tenebrarum who wrote (28164)10/13/2000 5:11:16 PM
From: RocketMan  Respond to of 436258
 
I agree, there is a slim possibility that this signals the start of another bull market, though that is unlikely. The PPI this morning does not indicate any relaxation of interest rates; the economy is barely beginning to slow; p/e's are still close to historical highs; the XAU is still on its back; Japanese insurers in trouble, and the general public is just beginning to realize we may be in a bear market. I still think I will trade this rally, though I do see a renewed bull market mid next year, coinciding with the tradition honeymoon for the new president.