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To: Voltaire who wrote (18238)	5/11/2000 5:03:00 PM
From: Jim Willie CB	Read Replies (1) of 35685

we are seeing enough of the frightened view to satisfy my loose requirements that a bottom is at hand the pessimism is widespread the expectation of bear market is widespread the expectation of several crippling rate hikes is widespread the perception of more bottom testing is prevalent most pundits are bearish all the necessary ingredients for a bottom next comes the grinding long period of the cat whacking the mouse around, up then down, up then down, up then down when was the last time everybody correctly called a top or bottom? nice slower retail news today maybe a negative PPI tomorrow maybe a negative CPI next tuesday we may be seeing the beginning of slower economic news the economists have gotten almost nothing right this year in their analysis and estimations / Jim

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