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


To: besttrader who wrote (20019)5/2/2001 7:19:12 PM
From: American Spirit  Read Replies (2) | Respond to of 37746
 
Why do you call bulls insane when?
- Companies are still selling below cash in bank
- Techs are still down average of 80% from highs
- Earnings have been strong for some tech leaders
- Rates are coming all the way down
- The Fed is on the bulls side
- There was a climactic low 3-4 weeks ago
- Trillions have been on the sidelines
- People have to invest longterm somewhere
- Big shorts have just gotten creamed and may not
want back in anytime soon
- Stocks like WCOM and LOR have only part of their
companies priced in
- Debt is much cheaper to restructure or retire
- There will be massive consolidation
- IPO's will soon emerge again successfully
- Shorts got as blindly addicted to the bottom as
longs did to the top a year ago
- There are still tons of short shares which now have
to cover
- Mutual fund in-flows are ramping up again
- Tax cuts may help economy short-term (iffy)
- Energy crisis doesn't look as bad as it seemed
- The internet revolution continues around the world
- Inventories are burning off fast
- Orders are starting up again
- Equity rise fuels equity rise (like Lu earning a
a billion every time Agere goes up a point)

Can't think of anything else right now, sorry.

Any reasons why the market should go down?



To: besttrader who wrote (20019)5/2/2001 7:32:56 PM
From: sam_o  Read Replies (1) | Respond to of 37746
 
Sir Knight:
I had to belly laugh at your comment to American... being 'in tune' OK. ROFLMAO....

But of MUCH more importance is our Thanks and appreciation for your publication of the 'News' throughout the day. That is just wonderful that you take the time to post those.. I am sure several lurkers like me really enjoy them. Thank You!
Keep it going..Plz...