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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: westpacific who wrote (3444)5/4/2001 11:39:46 PM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 74559
 
"The fed will save us" argument has reached the quality of religious truth - "Invest, you sinners, cause God loves you and will take pity of you and redeem " your losses. (What about making it a constitutional amendment?)

Greenspan put lives OK. Though he cant be more than just the bloke behind a curtain, pulling a lever or two. And not the great Wizzard of Oz.

It's time I started looking for more out-of-money far-out leap puts. On United states of tulips.

dj



To: westpacific who wrote (3444)5/6/2001 9:27:35 PM
From: tradermike_1999  Read Replies (2) | Respond to of 74559
 

Today showed more of the reasons why I am out of this market - we rallied because people see a 50 basis rate cut. No one is willing to look at the real news. Bush announcing a revision down in GDP and the employment report showing a tailspin.

The market goes straight up or straight down. There is no in between. No periods of healthy consolidation...thats why the breaks are so violent.


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