Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (17713)	4/21/2001 11:41:16 AM
From: American Spirit	Read Replies (2) \| Respond to of 37746

Rate cuts take 9 months to work their way in. The drop in markets December was partly due to rate raises last year finally hitting home. Also due to a big bubble, dot-com losses and the malaise of the prez election. Triple whammy of rates, pessimism for America (sorry Clinton haters but he did have 8 yrs of prosperity and Wall St loved him) and most importantly fundamental madness. But it went too far as shorts got control and even the big hedge funds and major houses were shorting. We hit bottom 3 weeks ago in a climactic wave of selling off down below book, fair, even cash values. The big guys aren't shorting anymore. Neither are most traders. Rates are going down more. People are starting to put Florida out of their minds, getting used to Bush (somewhat) and the worst bottom is behind us. -- Some predict huge drops this summer but I think that will be muted by the fact that recovery and rate cut effect will be dove-tailing in. I think the Naz will hold 2000 range and rally higher from here. I think micro dogs will out-perform. I think big telcos will out-perform more modestly (but safer) because they haven't participated in the rally yet. And oils are a safe haven esp during the summer but won't do anything more until then. Just my take.