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To: AllansAlias who wrote (53312)1/3/2001 1:24:46 PM
From: Archie Meeties  Read Replies (2) | Respond to of 436258
 
Going to take a little patience to short this...



To: AllansAlias who wrote (53312)1/3/2001 1:36:37 PM
From: pater tenebrarum  Read Replies (4) | Respond to of 436258
 
note the bond market immediately selling off...they must be plenty worried for cutting 1/2 point between meetings....



To: AllansAlias who wrote (53312)1/3/2001 1:43:47 PM
From: chic_hearne  Read Replies (3) | Respond to of 436258
 
In case anyone was confused that we may be near a bottom, this is a clear sign we aren't.

In less than one hour, the Naz has shot up 250 points and the Dow 300.

This is a drunken speculative orgy at its finest.

There is no way in hell we bottom until the speculative money is wiped out and a rally like this is no longer possible.

I've been waiting for this rate cut for a while. I've erased my MSFT cross trades and have nothing but a Crisco short and INKT long at the moment, but mostly all cash. I'm launching a nuclear short strike on this piggy. The question is timing. Good thing I'm working all day because I can't do anything except wait until tonight to develop a game plan.

AG gave the lemmings what they wanted. Now they will find out just how dumb they are. I FIRMLY BELIEVE THIS RATE CUT IS EXACTLY WHAT THE BEAR ORDERED. Timing will be a bitch, but we are going down hard soon. Hopefully, not after a 1000 point rally.