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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: FR1 who wrote (40561)	3/18/2001 10:10:04 PM
From: Uncle Frank	Respond to of 54805

>> what do you think of the put/call ratio? Think it signals a bottom? I'm prepared to grasp an any straw, so I'll say yes. But I really don't agree with all those trading truisms. Imo, since the fall of our faves was caused by the manipulation of macro-economic forces (reduced money supply and liquidity), the recovery can only be precipitated by the same forces, not contrary sentiment by bruised and battered investors. Greenspan can prime the pump on Tuesday by a 50 basis point rate cut, promises of more to come, and some persuasive jawboning about signs of a soft landing. He has been an effective Fed head because he is credible, and needs to focus on PR if we are to escape a recession. With this being his last term most likely, I wouldn't think he would want his legacy to be The Greenspan Depression. uf