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


To: James Calladine who wrote (29234)10/1/2001 7:57:02 PM
From: LTK007  Respond to of 30051
 
don't we already have like over 500 warnings already---i see the warnings running through day after day but the market now just seems numb,shell-shocked,and paying little notice.
In NYT today they wrote this is a good time to buy stocks if stimuluses etc. work,but then said that is a very very big IF.Not exactly inspiring.
Also see SEC is extending yet two more weeks the no restriction on company buybacks(except limited to a certain time of the day) and also are allowing 401ks to receive no interest loans from funds to avoid having to liquidate stock to pay for outflow---so they are doing all they can to hold this market together.Max