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


To: marginmike who wrote (28546)1/8/2001 12:28:16 AM
From: limtex  Read Replies (1) | Respond to of 65232
 
MM - Oh how you were right and right furthemore to have the iron discipline not to get back in.

I have a feelign though that despite the beginning of the Fed rate cutting period no-one has much confidence that the economy/market is actually going to turn around and recover. People are giving lip service to the rate cut and the one to come but they don't say it with any conviction.

Its almost as though they know they are going to have to explain away why the Naz drops below 1,900 and still keeps heading south. They know its coming but like all of us we are frozen in the headlights of hope.

Best regards,

L