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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (13582)11/5/2002 7:48:09 AM
From: orkrious  Respond to of 30712
 
fed's going to cut, imo


it makes no difference what the fed does. We're cooked.



To: DebtBomb who wrote (13582)11/5/2002 11:11:45 AM
From: LTK007  Read Replies (1) | Respond to of 30712
 
Market is not a function of anything except a lot people trying to make dollars and if those people reach sufficient numbers that behave in an insane manner than that market will reveal insane behavior.
The market in the past weeks has made a disconnect with reality of such a spread that i can say the market is now functioning in the grip of insane participants and/or nitwits.
One simply reads the mass of dread awful economic data and the markets majorly bullish TA and you have an insanity quotient at all-time record levels.
One also need keep mindful there are big boys who know what a mass of suckers are willing to part with their money and they are extremely adept at making their willingness to be exploited.
In short, stupidity marches arm in arm, a stupendous parade, complacent and as visionary as a herd of domestic cows heading dead on to a cliff.
Max p.s. Today is a yawner i see:) Hope swinging longs know when to pail. Max