Thursday, September 21, 2000 -- getting ready for some big-time bear action.
The expected Bull Chorus
Abby Cohen, Golman Sachs, September 21
"...the durability of profit growth, not its pace, that supports equity prices."
" We conclude that the reaction to these (oil and Euro) has been somewhat overdone and that the intermediate-and
long-term view remains quite bright."
over at the Plunge Protection Team ... a new partner shows up:
SPR Man (aka Clinton).
Also, the battered Euro gets a boost due to intervention by:
the European Central Bank, the U.S. Treasury, the Bank of England, Japan's Ministry of Finance, and the Bank of Canada.
Still in bubble-land
To the moon!
Friday, September 22, 2000 - what can you say?
Louis Rukeyser Gloat Time? (Alas, he was away that evening from his normal hosting duties)
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