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Re: Ace Hanlon post# 111606

Tuesday, 05/27/2003 9:32:46 PM

Tuesday, May 27, 2003 9:32:46 PM

Post# of 704041
George

I fear the Fed is doing all they can to muster the investing troops. Many see this as advantageous and as long as the"many" are making profits whose to complain,right? Mmmmm,but what the FED is gambling here is that their fiscal stimulus will work and create that robust economy which we once had. All the catylsts are in place with a sentiment in the White House:"not on my watch,not this time." I think we will get a late June top and start a slow downward move into the Fall which may set the market up for a nice election run come early winter and run trough 2004(assuming the economy is on a solid footing).
The gamble here is all or none with this administration.

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