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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: accountclosed who wrote (50828)	12/22/2000 5:11:02 PM
From: Ilaine	Read Replies (1) \| Respond to of 436258

OK, what did Meehan say? Today's rally was partly short-covering, but he thinks the market will continue to rally into January. He doesn't think we need a rate cut but he thinks the Fed may do it anyway due to pressure - he said "political pressure." He brought up the topic of Bush looking for a tax cut, so I guess that was Meehan I heard yesterday. Yesterday he bought tech stocks. I remember he said Oracle and Cisco, he mentioned a couple of others. If you bought value stocks this year it paid off. The AAII bull vs. bear ratio was a lot more bearish, which was good for stocks. That's all I remember, I was finishing up some Christmas presents and was only listening with one ear.