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


To: Jay8088 who wrote (34080)11/21/1998 9:00:00 AM
From: Vitas  Respond to of 94695
 
>>>new era of bubble engineering<<<

or, we came close to the brink and are trying to skate out of it

skating out of it and igniting a global economic recovery is good,
for everyone

just be nimble, flexible, and go WITH the flow

Vitas



To: Jay8088 who wrote (34080)11/21/1998 3:33:00 PM
From: Berney  Read Replies (1) | Respond to of 94695
 
I liked the head trader of Prudential's comment on the subject:

"It used to be three cuts and a tumble. It now seems that its three tumbles and a rumble." I posted on another thread a couple of days ago that I had looked at the last 11 Fed fed/discount rate cuts and the average market increase (before the euphoria wore off) was about 3% and the average number of business days for the rise was 12. But, you know what they say about averages: The worst of the best and the best of the worst. We'll see!

Berney