S&P Futures are up over 20. Jobs report was good. Doesn't look like the Stock Market will tank any time soon.

How long can this shit go on? I just don't get it.

William Ford, former Atlanta Fed. Governor said today that interest rate hikes should be postponed until we see what will happen with Y2K.

And guess what? No one gave a damn. It's like peeing into the wind.

-- (I'mSo@confused.com), November 05, 1999

Answers

Never underestimate the power of greedy people in large groups.

-- Sam (Gunmkr52@aol.com), November 05, 1999.

Just be a little less greedy!!!

-- trader (makinmuny@themarket.com), November 05, 1999.

Yes it seems that there will now be no trouble until next year. The bigger they are the harder they fall... remember that...

-- Crono (Crono@timesend.com), November 05, 1999.

Hey 'I'mSo'! Join the crowd. COnsider the fact that Greenspan has had to deal with the Asian, Russian and now South American crisis' over the past three years. Volker said that the entire world economy was resting on the US economy which was resting on the performance of the US Equities markets which finally are resting on the top 50 stocks, half of which have never made a profit. Then consider Pre/Post Y2K issues. He's hog tied. Can't do a darned thing since any move would start trouble before the trouble should start. He's buying time. Always can blame it ALL on Y2K when things fail and all those promises, hopes and dreams evaporate big time.

There is method to this madness. I do not expect to see any significant changes into December. There may be more profit taking at that time than usual. Everyone is cozy and comfy.

I can not think of a better entrapment. Few will be spared.

-- ..- (dit@dot.dash), November 05, 1999.

If that was a rocket today, it must have been a bottle rocket.because it ran out of fuel in the first hour of trading. This is a sucker's rally. Don't be fooled by it. New lows out numbered new highs for the 6th week in a row. Give the bear time , its out hunting bulls.

-- C&F Trader (rwcapitalmanage@aol.com), November 05, 1999.

" Only a fool holds out for the highest dollar and loses".

Joseph Kennedy---1929

Ya know any fools???

-- d.b. (dciinc@aol.com), November 05, 1999.