Aw Jeez.
You know what? We may just NOT be able to recover from the Clinton Era of Fraud and Deceit!
What say you, Southie?
I still got spam, seeds, and rabbit traps left from y2k, don't worry be happy, we'll do ok. :)
BigMack
Dow -144
NASDAQ -28
S&P -19
Time to take off the rally tag.
Our economy is stronger now than back when we recovered from Senator McCain's massive S&L fiasco, so I'm not sweating the economy.
On the other hand, our stock market is far more overvalued now than back when we had the massive October, 1987 "repricing" event, so I'm not betting Long on many stocks (though my Puts are doing rather well lately).
The overvalued stock market is bashing up against our overperforming economy. What else can we expect buts lots of smoke and volatility?!