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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (14034)4/4/2001 3:05:39 PM
From: captain_midnite  Respond to of 30051
 
Worse yet, a rate cut and we continue the dance of the thousand paper-cuts. Albeit at that point I can see a total "bleed-out"...some rumblings I have seen about the unemployment number on friday as a possible catalyst for a rate cut.

However, another Fed Govenor on the wires today, commenting on economy not getting worse here. This market is way past help from AG in the near-term. More and more it looks like the Fed is finished for a spell.

Guess I was wrong about all margin calls done? Hard to believe people still paying the margin game, unreal. Looks like new lows on COMPX today as well, so much for the double-bottom.

AG talking about our little energy troubles here in CA...maybe I do my part and turn off this pc? Conserve capital, conserve energy...

midnite