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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: JRI who wrote (18998)9/17/2001 11:34:40 AM
From: stockman_scott  Respond to of 52237
 
A post with some powerful insights...

Message 16365821

Regards,

Scott



To: JRI who wrote (18998)9/17/2001 11:50:12 AM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
Beatsa heck out of me. Why did all you wavers take the day off?

A crystal ball forum post from Heinz:

"in an obvious attempt to stave off a global derivatives melt-down in the wake of the attack, the Fed has added nearly 200 billion dollars in liquidity to the banking system over the past three days, and that's not counting the 50 bn. swap agreement with the ECB. admittedly they can't avoid doing this, as the integrity of the system supercedes worries about drowning us in paper at the moment. but be aware that this is money printing of Weimar proportions. since i have little doubt that the US economy will recover from this shock to the system, we will be faced with an even bigger paper mountain once the situation stabilizes, just as happened post the '98 crisis.
something all investors should keep an eye on - it may well be that the ages old safe haven gold will be the only thing providing protection."



To: JRI who wrote (18998)9/17/2001 12:43:04 PM
From: velociraptor_  Read Replies (2) | Respond to of 52237
 
Expecting a re-test and a break eventually. Markets are following the same action as overseas. Big drop followed by a consolidation on the lows which usually suggests another move lower. FED can cut the rates all they want, it won't do a thing. Some key sectors of our economy have been sorely compromised and recovery won't be soon.