The Millennium Crash Message Board

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Strategies & Market Trends : The Millennium Crash

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To: Arik T.G. who wrote (5126)	6/2/2000 4:08:00 PM
From: pater tenebrarum	Read Replies (3) of 5676

ATG, LOL! your view jibes exactly with mine...no soft landing for the overheated bubble economy, sorry. the tortured logic that arrives at the conclusion that 6,4% falls in durable goods orders and 4,8% falls in factory orders are somehow good for stocks is really amazing... note that within the durable goods report this little item was buried: <<Within the durable goods category, orders for electronics and electrical goods slumped a massive 20.2 percent to $35.69 billion. That was the steepest drop on record and followed an 8.9 percent gain in March.>> i guess that's why everybody is buying technology stocks again...:) reminds me a little bit of the denial phase in Japan after the initial drop in 1990... regards, hb

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