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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (11227)11/23/2001 12:39:59 AM
From: Raymond Duray  Respond to of 74559
 
Hi LLCF,

Thanks for the link to Trim Tabs. That was very insightful reading. It's got me to rethink my views of why we've seen such a run in the equity markets lately.

Re: To be honest I'm pretty surprised we haven't seen a bigger backlash against wall street in the wake of the likes of Blodget & Meeker selling snake oil to their clients...

I might speculate that the reason they haven't been pilloried is because there isn't a better messiah on the horizon. Here's an article that is pointing to the long knives starting to come out in the mass media:

nytimes.com

Morgenson seems to be a pretty level-headed journalist. I've read her for years.

I read your latest rant and can't say that there's much I disagree with. Now the heavy lifting for me is to figure out how to place some bets in a market I view as terribly irrational and speculative. Time for the dojis! <vbg>

-R.