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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: arno who wrote (12196)1/30/2002 5:48:38 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 23786
 
money is real cheap in Japan too....



To: arno who wrote (12196)1/31/2002 1:48:17 AM
From: AugustWest  Respond to of 23786
 
The thing to remember is money is cheap now. I keep hearing in my head.....Don't fight the Fed.
>>>

EDIT: You all may just want to ignore this post, I'm not sure there is any meaning in it. That being said.......

Yeah, I remember someone proclaiming that about three cuts ago. Boy was that post a sell indicator or what<GGGG>

FWIW, as I've mentioned here on several occasions, I'm going to try to turn modestly bullish when the Fed stops the eassing. I don't care for that bias BS tgame he plays now. Just another way he can try to play god with the financial markets.

So back to the bullishness business. my agrument for thatis simply that probably those corps that could aford to wait on spending were doing so until the money stopped getting cheaper. So now at this point, we may see a slight pick up in cap spending by those companies that can do so. unfor5tunately thatwill push most of them further into debt, and when the cows come home to roostthere will be so much red ink in earnings thatit will make the battle of Gettsyberg look like a paper cut.

I'm guessing this is potentially the begining of last hurrare for the major indicies. No telling how high it will take us, but it could last until mid April.

Okay, I think I'm done with thatmostly incohearant post.

post-edit. And Holy Sheet, look at all the red.