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


To: Rocket Red who wrote (51020)6/28/2001 12:15:12 PM
From: Vitalsigns  Read Replies (2) | Respond to of 62347
 
So one by one the shackles that have been key to the markets decline over the last year are quickly disappearing.

1. MSFT has been hampered by the court ruling ordering them to break up the company, now that the outcome is more positive, it should no longer dampen the stock.

2. Oil prices have rallied over the last 2 years to levels that can by itself create a slow down. Inventories are back up and prices are now back to levels where individuals have discretionary income again. Feels as good as a tax cut.

3. Interest Rates are coming down and are beginning to be felt throughout the economy. Within the next 3-5 months , we will look back at June - July as the turning point. With lower Interest rates it forces Individuals who seek Interest income to look elsewhere to make up the short fall.

4. Tax cuts, Canada and the US have initiated tax cuts , the US should begin to receive this dividend shortly.

All this points to one thing. Excess liquidity in the system that will need to find a home soon. I don't say that this is happening today but it may have just begun and we may see the larger picture in 12 - 18 months .

Vitalsigns