VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: DiB who wrote (34708)	3/27/2001 11:42:07 AM
From: marginmike	Read Replies (4) of 65232

I think Naz 1800 will be a bottom but it gets re-tested by October. I also believe economy will deteriorate, but it will take more time then most think. In May the market tanked but effect wasnt fealt till AUG-SEPT. So this low will not be fealt for 3-4 months either. So I figure by October economic DATA will begin to deteriorate, Housing and Retail will join in the fun. The cycle is unwinding, it takes time. the denial in real Estate is still everywhere. The Economy is the stock market. If 1800 is the bottom? Who the hell knows. Id like to hope so, but if it is it will be tested 3-4 times before we go higher. We will get very bad numbers from some retailers like FD(Iam short it) this could undermine markets again.

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