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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (15693)5/12/1998 9:22:00 AM
From: Cynic 2005  Respond to of 18056
 
L3 ^2, the market is in the hands of a bunch of drunken revels. Totally unpredictable. Unless something on the big picture changes, ala interest rate hike, any move down will be temporary. Yesterday Defrocked posted a note on money supply. A growth like that will only lead to more insanity - in the absence of higher rates. JMO.

For now, fundamentals don't matter. If Sadam is testing a nuclear bomb, then we are talking. -g-

-MMV