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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Dealer who wrote (25068)12/14/2000 4:01:44 PM
From: Dealer  Read Replies (1) of 65232
 
STOLEN STUFF:

From: Peace Thursday, Dec 14, 2000 2:21 PM ET
Reply # of 38048

Hi Jack,
I agree that fundamentals will not get better for several months. But once the fed starts the easings the market will start expecting a resumption in growth and a strong second half next year. This will be the catalyst for the market to surge higher in the first half of next year. Of course as we get to the second half and growth does not match up to expectations then we will see another ugly decline. The market already knows things arent good right now and has/is discounting that.

Peace
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