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S&P 500
5,346.56
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-1.84%
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US TECH 100
17,900.00
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-2.65%
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Dow Jones
39,737.26
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-1.51%
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Alex G

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Alex G

Re: mlsoft post# 107071

Tuesday, 05/13/2003 11:51:30 AM

Tuesday, May 13, 2003 11:51:30 AM

Post# of 704019
the driving force behind the rally has been and still is all the Fed


what about the $12.9 billion that went into stock funds in April according to AMG data?... the largest inflow since April 2002

what about the end of the Iraq war that MANY have been led to believe to be the start of a New Bull, just like 1991

what about all the shorts that were piling on and calling the "war rally" dead for at least a month now

what about hedge funds trading on momentum and technical indicators?

there are many who believe this really is the start of a new bull market... just one example is "wahz", who says he is wildly bullish for the next few years and has many followers

but you believe Alan Greenspan is sitting at his computer buying up tech stocks every time the market tries to go down, and that is the sole driving force behind this rally, and you have the power to see that it's "Him" doing all the buying

for someone who's been trading as long as you, that's just plain GOOFY

pass that roach please

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