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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (2159)10/15/1998 4:26:00 PM
From: cAPSLOCK  Read Replies (2) | Respond to of 3339
 
Wonder if well get 'deja vu all over again' come November...

Bobby-

You seem to have gone a little bullish over the last week or so, and actually when I saw the market turn up so sharply this afternoon I thought about creeping back into long positions, but the slope was so high I had to find out why the surge... When I saw that it was a rate change I put my wallet back in my pocket.

Don't get me wrong. I am not declaring judgement on the rate cut, just don't know if this is gonna sustain the market. It's like a cortizone shot IMHO... not a cure, but a pain reliever. The root problem has changed little.

My question to you sir beara, is: Where do you think it's going next?

curious,
cAPSLOCK