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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: parker_meridian who wrote (49444)	4/22/2001 6:52:04 PM
From: George Hassen	Read Replies (4) \| Respond to of 62347

Great to be a bull last week but........... 50-80% increase in natural gas,No power in CA, electricity going up 300% if you can get it, Argentina just went bankrupt,middle east turmoil,Japan economy shot despite interest rates virtually at zero.Deteriorating European economy.Market is perceiving things are going too get better before they get worse?? Oh yeah I forgot tech companies meeting beat down earnings, are at massive PE's again.Intel admitted they are worse off fundamentally now than back in '92.Irrational exhuberance was back last week on nothing more than hot air optimistic comments by a few tech companies last week.Even after the huge rally last week ANAL-ists are still telling investors to chase techs. IMHO this rally was manipulated by the few who knew about the impending rate cut leading into options expiry.Why did bank stocks not participate in last weeks rate cut rally and why didn't the VIX reach panic levels? IMHO.suckers rally.