VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: lurqer who wrote (1756)	9/16/2000 10:57:02 AM
From: Jill	Read Replies (1) of 65232

Lurq.... Who is talking about a hard landing recently? I believe we figure we've got a soft landing as the economy still looks strong, and we know there won't be more interest rate hikes this year. Isn't it traditional to use earnings warnings right now--its true we could have a dip--and then as of mid late Oct, start to rally into next year? Perhaps one could interpret the Aug rally as proof positive that most Americans are still optimistic--or RR's steelworkers, all into stocks, and all saying they'd buy the dips...our bear market was created in part by a way overbought NAZ and the best year ever, so massive tax bills and thus selling...too many people were on margin...but as scary as it was, the basic economy is still healthy and people are still optimistic But hey, it is probably wise to be cautious.

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