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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: limtex who wrote (20045)11/28/2000 12:46:32 PM
From: Voltaire  Read Replies (1) | Respond to of 65232
 
Hell, I agree, if AG does not got to neutral. I AM COMING OUT OF THE MARKET EVEN WITH LOSSES. I have said all along that IF THE FED IS NOT EQUAL with it's view of Growth and Inflation, we have a serious problem. Every move in the market is a bet and I have to bet they have at least a move to neutral bias.

V



To: limtex who wrote (20045)11/28/2000 1:08:44 PM
From: edamo  Read Replies (1) | Respond to of 65232
 
limtex...."don't fight the fed"

share prices have historically been leading indicators of economic slowdowns....the recent bear market is no exception.....conversely stocks tend to reverse trend when the event as a recession occurs....

economists always make the wrong calls...greenspan is no exception...review his h-h speeches to congress...predictions off always by thirty percent....they can model as much as they like, but the rate increases have been too much...they aren't as powerful as some think...they will succumb to pressure, primarily geopolitical and start cutting as they did in the recent past....