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

To: Paul Shread who wrote (23164)	11/1/2001 4:12:29 PM
From: TechTrader42	Read Replies (1) \| Respond to of 52237

I hope you didn't miss the guy from SSB on CNBC just now, touting the market. His contention was basically that bad now means good. A good analyst, ya know. In addition to the reassuringly awful NAPM numbers, here's why the market was up strongly today (from the NYT): "The longest economic expansion in American history has ended. "The nation's economy shrank this summer for the first time in more than eight years, the government said yesterday, with businesses further cutting investment while consumers increased their purchases only slightly. The terrorist attacks of Sept 11 played a key role, pushing an already-weak economy over the brink, analysts said, as travel temporarily stopped and spending briefly froze. "'The recession has begun,' Stuart Hoffman, the chief economist at PNC Financial Services Group in Pittsburgh declared. 'The fourth quarter will show an even deeper drop than the third quarter.'" Oh, someone yesterday said the Treasury's decision on 30-year bonds should have come as no surprise. Well, it did come as a surprise. nytimes.com I think westpacific was eaten by a shark, btw -- the same shark that got me today. Fortunately, I didn't have any followers in my life raft.

To: Paul Shread who wrote (23164)	11/1/2001 4:33:42 PM
From: eddieww	Read Replies (1) \| Respond to of 52237

"Unemployment, 8:30 a.m., from the Bureau of Lies and Statistics." LOL! It really doesn't matter if they lie, as long as their lies stay consistent over time. They've been systematically understating CPI for years to keep the rise in Social Security payouts down. Ask any housewife (or househusband, like me -g-). The entire month of Oct has been surreal, and we've got a good start now on Nov. Just trade your charts, boys and girls, and forget about reason because you won't find any of that in the markets.

To: Paul Shread who wrote (23164)	11/1/2001 4:43:15 PM
From: isopatch	Read Replies (1) \| Respond to of 52237

Let's see...is that: The INS, the FAA, the BLS...? or about 1/3 of the elected representatives I've seen recently interviewed on the boob tube, etc etc........ad infinitum....i.e. it's a long list. Welcome to fantasy national government where nothing's actually being done to protect the domestic security. But there's lots of inspiring press conferences, PR releases, spin, gimmicks, deception and lying to cover their corrupt do nothing butts. Essentially the exact opposite of Teddy Roosevelt's famous advice, "Walk softly. But carry a big stick" OK, I know...you get the picture.<g> Geez. Wonder what I''d say, if I got angry?<lol> Isopatch