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To: Runner who wrote (43388)12/13/2000 4:30:33 PM
From: Softechie  Respond to of 57584
 
It was a sucker rally in luring novice investors back to the table and then drop the legs out. They already said many times that Bush is good for Healthcare and Energy sectors. They didn't say techs.



To: Runner who wrote (43388)12/13/2000 5:18:57 PM
From: carepedeum2000  Respond to of 57584
 
2nd thoughts about bush? already? boy, that was quick, my take is bush is like a stock that had a big runnup prior to earnings, earnings came in as expected, and there was profit taking, now we need another catalyst, and that is either earnings or interest rates, earnings are not going to come through for us this quarter, that means we need the fed, and mr green knows this economy could get ugly real quick unless he loosens the money pipeline, the other two market drivers are fear and greed, we need some money on the sidelines to fear they are going to "miss the next big move" more than they fear more downside, and once again, it all goes back to the fed, and the ppi is going to have to come in at .1 or less tomorrow in the core to keep inflation fears down, we will probably hit one number and miss the other number (core, w/food and energy) with no clear signal coming from tomorrows number, cpi will follow ppi, and the big catalyst is what mr green says on tuesday
and he pretty much telegraphed that last week, i dont see any negative surprises coming from mr green, he doesnt believe in negative surprises, but he can give a positive surprise
stay tuned