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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (6063)11/18/2001 11:37:52 PM
From: Hawkmoon  Respond to of 6873
 
As a bear, that article makes me very nervous.

Tell me about it. Robbie-Stephens was telling us just before CSCO earnings came out, that it was destined to revisit $7/share, and here it's climbed a couple of points.

There's just a ton of money on the sidelines looking for a home. The bonds have been selling off majorly, thus once again making interest rates attractive in comparison to equity valuations. But there's those nasty inflation fears which could erupt due to overstimulation of the economy from lower rates, and unexpected plummeting oil prices, that make holding bonds unattractive.

Hawk