VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Eski who wrote (25082)	12/14/2000 4:32:47 PM
From: limtex	Read Replies (1) of 65232

Eski The biggest slowdown in history from 5.?% down to maybe 1% or less in Q 1 and heading for -1.5% to -2% in Q2 01. MSFT is the biggie. Sure it has come down but the effect of this news on the market is going to be unpleasant tomorrow. Now we've got the election out of the way and we can see that there was no election effect holding down the market. Chase, JP Morgan, A whole slew of European Banks, MSFT warning and the banks worried about their loan books. Mr G must be delighted. I thought there might be some letup in the selling but the depth and speed of this massive slowdown is simply overwhelming all rallies and gradually ending any interest in equity investment for the foreseable future. MSFT is the last straw. You can just figure the warnings that are going to come in March and June next year as we go into a full scale recession. Well done Mr G. Best regards, L

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