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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (1391)12/14/2000 1:12:55 AM
From: Jay k.  Read Replies (2) | Respond to of 74559
 
Just to put a bullish foot forward.
Reasons why people were so bearish and pessimistic..

1) Presidential turmoil- Its over now.
2) High oil prices - Oil is back to the mid 20s.
3) Slowing economy/possible recession- Still an unknown
4) Lack of Fed intervention- No longer true. Fed has stated they will lower rates going forward and at the least no more tightenings for the forseeable future.

Did I miss anything? Seems 3 of the 4 unknowns are taken care of.

Why are we still so bearish?