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Replies to #6928 on The Black Box
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Alex G

10/22/03 10:27 AM

#6929 RE: sylvester80 #6928

i didn't notice Chris already posted that... that article is EVERYWHERE... covered my QQQ 34.83, looking for the dip buyers to give me another entry
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Bacchus_II

10/22/03 10:43 AM

#6931 RE: sylvester80 #6928

Geez, I'm getting full paranoid ... after reading your post I go analyse KBH situation and while the stock was at 66.30 I enter an order to short it. It immediately start to drop like a rock, at the very second I've click ssell, vertical now at 65.90 after 3 minute. arrrrrhhhh!!! I've miss it.

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Chris McConnel

10/22/03 3:12 PM

#6954 RE: sylvester80 #6928

Belkin is not the only one talking about the refi money and front loaded tax cuts, goosing this year's GDP.

Jeff Saut at Raymond James has also been saying it:

"Plainly, however, we do not trust the recent rally, believing that once the four economic stimuli (refi, tax cut, tax rebate, deficit spending) “wash” through the economy, it will revert back to a 2.5% to 3.5% GDP growth rate. Regrettably, we don’t think stocks are currently priced for that environment."

http://www.raymondjames.com/inv_strat.htm