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 : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: RR who wrote (36866)	5/12/2001 7:48:31 PM
From: Sully-	Read Replies (1) \| Respond to of 65232

I tend to agree RR. I think that we could see the NAZ flat to up as we head into the FED. Me thinks we see weakness for a spell afterward. I would be surprised to see the market up or down significantly prior to 2 pm Tues. Me thinks the market will keep everyone guessing until the FED plays their hand..... then after a violent head fake or two, we trend down & fill some gaps..... make a higher low before any material trend upwards begins again. BWDIK? Agree that any rate cut is priced in RR. I agree with JW's thought process on the overall economy too. The FED must worry about inflation as gas prices are now at record highs. There is a real power crisis to deal with. This can't be absorbed by the economy forever without it becoming a drag on it. You can't pass on record high fuel/energy prices without inflation or serious profit recession either. Most earnings reports are in & visibility is still not very clear. Like you said, 'what is there to prop this thing up?' Right now I'm just looking to take a bite out of the swings whichever the direction. There is too much uncertainty near term to be a perma-bull. Might as well let the trend be your friend. Like you RR, long term I'm bullish. Bring it on! MOO! SNORT! Ö¿Ö BOO! Devils score on a power play..... 1-1 :-(