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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (27763)9/17/2001 4:37:19 PM
From: Zeev Hed  Respond to of 30051
 
Nothing patriotic if I lose this gambit, but, many stocks got to where I had to buy . Furthermore, best buying opportunities are in such an irrational panic, we have more than 700 new lows on the Naz, VIX and VXN spiking, tic on both the NYSE and NAZ worst than -1000, what else can one ask for a bottom? We can expect now to have a multidirectional stimulus to the economy, the feds, well, we know the feds, on top of the tax rebate, we now have another $40 B to start with with reconstruction funds. As a matter of the fact the stimulating package is so big, that if we did not have massive excess in capacity, I would start and worry about inflation.

Zeev