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


To: Jim Willie CB who wrote (25595)12/17/2000 11:14:20 AM
From: Jimbo  Read Replies (2) | Respond to of 65232
 
Bush meeting tomorrow with Greenspan for breakfast according to Cheney on This Week. Boy I'd like to be a fly on the wall. Wonder if Bush will press for rate decreases.. ASAP



To: Jim Willie CB who wrote (25595)12/17/2000 11:47:02 AM
From: limtex  Read Replies (1) | Respond to of 65232
 
JW - Do you remember a few months ago we had the interest rate inversion for the first time and the commentators pointed to the fact that whenever you get an inverted yield curve you get a recession soon afterwards?

Best regards,

L



To: Jim Willie CB who wrote (25595)12/17/2000 11:51:14 AM
From: limtex  Respond to of 65232
 
JW - That expression "Test the lows" really annoys me. Who on earth invesnted that one. There is no testing of lows there is selling plain and simple as pewople runn away from equities becuase we are heading for a major recssion if not already there.

The market doesn't have to 'test' and no-one 'tests' they just sell aas they have been doing on and off for over nine months.

does anyone know of a time that the market tanked as long and as low as this?

Best regards,

L