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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (61516)12/16/2002 2:29:41 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 94695
 
I’ve been bearish for so long, they’ve removed the "plus key" from my laptop. <-yep

But I concede that the financial markets probably won’t see it that way -- at least for a while. The fix is on, and this is the medicine that has always worked in the past. It brings back all the glories of investor jingoism -- don’t fight the Fed and, above all, don’t have the audacity to believe that this time is different. The great bear market of our lifetime has dished out enough punishment. The recent pullback in equity markets after an eight-week surge off the early October lows has the appeal of an intriguing entry point. I suspect we’re about to enjoy a long overdue respite -- albeit a temporary one at that. If that qualifies me as bullish, so be it. It’s a good trade.
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