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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (31390)	7/17/2003 6:53:17 AM
From: TheSlowLane	Read Replies (1) \| Respond to of 36161

Not only is it safe to crawl out of the volcano, it's probably a good idea if the volcano is about to blow. Just kidding. Anyway, what's encouraging? Money supply might be one thing. From what I have seen it has taken a sharp spike up recently. Perhaps that you are right and this bear market is over and a recovery is upon us. I would like nothing better myself. On the other hand, a market historian like Charles Kindleberger might argue that the easy money policies/flood of liquidity that we are seeing are one of the precursors for a crash. Also, I have not see the "revulsion" that is necessary to complete the down cycle, but perhaps I missed it whilst staring fixedly into them ol' yeller headlights.