FuturesCom Investment Publications
Market Food for thought, Thursday June 7th, 2001
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Market Food for thought
10:00 AM ..West Palm Beach time…
Well the bears have gone from crying warnings of inflation last week, a warning that FuturesCom soundly rejected. As did the ole’ copper local who heads the Fed..
… for all intensive purposes Greenspan re- affirmed an accommodating posture towards rates with a shake off of the inflation worry…. This period reminds me of the 1982 time frame as well as the time during the gulf war… high Oil prices a recession… during that period the stock mkt rallied the Wall of Worry .. and I expect it will do so this time again….. Traders should maintain the long posture and trade from the long side when able.. …Stay tuned for Flashes….
Thursday June 7th, 2001
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