OTCQX:SREMF - Post by User
Post by
MAGICLENSon May 04, 2001 2:13pm
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Post# 3699081
Optimism arising...
Optimism arising...
Amateur hour occured this morning with the fear caused by the unemployment reports in the US. This is turning out to be good news, as anticipation for a rate cut by Greenspan is heightening.
Watch out over the next few days, as if these levels hold, we're going for another several hundred point increase in the NAZ c/o tradingmarkets.com, one of the best professional trading sites that I have ever seen. They predicted the tech meltdown right on the money in March last year, now they are anticipating a bullish market short term.
If you're not shorting/risking your long position on a transient hit and run basis, then, hold on, as we may very well have a short term bull effect. Market sentiment has already changed to neutral-bullish.