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To: Boplicity who wrote (11708)3/20/2001 12:40:29 PM
From: horsegirl48  Read Replies (2) | Respond to of 13572
 
in this new bull market what will be the sectors to be in? What will the leaders look like? Will it still be technology or is it dead? I just cant see it going the way of the railroad so much to be discovered we r just on the tip of the iceberg, and biotech with cures helping mankind? Or will it be the new energy plays were they can finally make a car thats does not need gas, so we can all say goodbye to opec, I wonder where this all lies in the next bull run



To: Boplicity who wrote (11708)3/20/2001 12:52:47 PM
From: Jim Willie CB  Respond to of 13572
 
I agree with you, Greggy, the bull will return
there exists a flip side to the failed policy of GreenScrotum

he tightens too hard when he tightens at all
(but really never needs to tighten, ever)
this leads to bears and their frequent clawed swipes at our lives

he also is forced to loosen after he destroys the economic underpinnings
(and our investments, savings, future pensions)
usually he loosens too much, but grudgingly, like now
he will cut FedFunds rates another 100-125 bpts from here
he will get the FFrate down below 5.0% before he is done rectifying his stupidity

as a result, in about two years, we will be in the middle of another raging bull
and GreenSmoot will see fit to save us from ourselves once again

he loosened too much in autumn1998, remember?
that time marked the climax of his failed policy in 1997
most dont remember, but he raised rates in spring1997
and a few months later, the Asian Meltdown began
we got a nice rally for the next 18-20 months after autumn1998

so he tightens too much, he loosens too much
each time we forget the previous full cycle
each time we deny the past, and utter stupid phrases like "soft landing"

is everyone enjoying the Soft Landing?
there is neither a soft landing in the picture...
nor a prolonged bear market...
as long as the Federal Reserve exists

their policy reminds me of a drunk driver
all over the road, too far left, too far right
each time convincing the pedestrians that GreenCar is in control
but each time, killing those pedestrians along the path
and strangest of all, earning and requiring the reverent respect of the public...
driving with impunity year after year, unaccountable to authorities

does anyone really wonder why he speaks in a foreign language before Congress?
it is to maintain TOTAL UNACCOUNTABILITY

/ jim



To: Boplicity who wrote (11708)3/20/2001 1:56:38 PM
From: mishedlo  Respond to of 13572
 
Mark my words, we will escape it, and there will be a new bull market, bet we will not being going back to the 90's anytime soon.

Yep, in about 5 years.
Look at how long it takes on a historic basis for a new bull markets to begin after a major market botom. A bottom that we have not even seen yet. That does not mean we will not rise 750 points at some point, but if we do, we will subsequently give back tose points.

M