VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (17909)	11/20/2000 8:57:40 AM
From: RocketMan	Read Replies (1) of 65232

Only problem with your scenario, V, is, where are the houses going to get the liquidity to move the markets? Not from the retail investor. I doubt if many of them will come back for many years, just as they stayed away in the 70s. And institutions rely on retirement funds and corporate investments. Not the strongest sources these days either. With the election mess and the latest Fed misreading, I am once again leaning towards a hard landing. Only positive I see is that I have been wrong so often lately, that I'm sure that I am wrong this time as well.

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