Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (37794)	12/10/2000 2:53:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 42787

I agree, there are forces at work to create a rally however I will be playing it safe at the resistance levels, as there still is the longer term problem of to much debt , and if the rally gets over heated Even if Spam cuts rates; if he cuts the repos with the other hand , a serious problem can pop up. The first rate cut will drop the value of the Dollar and while people think his rate cuts helped us in 98 they don't seem to remember it was only after the 3rd cut our market stopped falling. Another thing they failed to look at is when we did start up from the 98 lows most Foreign markets climbed even faster than we did.( dollar adjusted ) We had benefited before that as being seen as a safe heaven as most foreign markets had hit a low, before we fell, but as soon as not finding a "safe heaven" was a prime concern Even the Japan Funds did as good or beat our dot.com fund craz. While most American investors were elated to see our market go up , they never looked at the relative climb of some foreign markets, most but not all climbed faster than the S&P did. Jim PS keep an eye on quote.yahoo.com looks like she is due to make a run if the euro goes up. And has a better looking bottom than the S&P quote.yahoo.com