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To: IceShark who wrote (53350)1/3/2001 2:10:49 PM
From: KeepItSimple  Read Replies (4) | Respond to of 436258
 
>I bet we crash from here. EasyAl just spent his wad

Get real. There are millions of investors who won't hear about this rate cut until they watch the evening news.

Buy calls on anything. The bigger the P/E, the trashier the stock, the better.

It's all going up. Last time the fed cut intra-meeting in 98, the biggest bull market in history started.

Game, set, match. The time to short is over for the next year.



To: IceShark who wrote (53350)1/3/2001 2:19:13 PM
From: Ilaine  Read Replies (1) | Respond to of 436258
 
I wonder how much of the rally was shortcovering. I was thinking about buying something, anything, when it started but the spreads were ufb.

It will be interesting to see whether there was a reason for this - like the last time the fed did this.



To: IceShark who wrote (53350)1/3/2001 2:28:51 PM
From: AugustWest  Read Replies (1) | Respond to of 436258
 
I bet we crash from here. EasyAl just spent his wad.


He'll probably lower by another 25BPs end of Jan. But then the party is over.

Who knows, maybe he'll have another ememgency meeting to inflate things a bit more.