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To: marek_wojna who wrote (64356)2/23/2001 4:22:30 PM
From: Ahda  Read Replies (1) | Respond to of 116762
 
To:ahhaha who wrote (1212)
From: ahhaha Friday, Feb 23, 2001 4:04 PM
Respond to of 1219

Insufficient mass. Money flowed out while stocks were run by the speculating public again. That's classic bear market action. The players jump right in at the first wag of a fool and speculate furiously. Then the market goes back into doing work on the down side. There's no work being done on the upside. That was also true for the so called bull market after October '97. Stocks rose without having done work. This will to speculate will have to be broken on an anvil of gold.



To: marek_wojna who wrote (64356)2/24/2001 4:46:37 AM
From: sea_urchin  Read Replies (1) | Respond to of 116762
 
marek : "printing on the highest gear."

Yesterday's support of the US markets, which were clearly in free-fall, shows the Fed's in gear already.

Also, the propaganda about dropping interest rates over the week-end. And then, when they don't, the spin-meisters will say on Monday : "See, Fed didn't have to cut --- shows the economy is really in great shape. Underlying strength"

Of course, with the accent on "lying"!


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