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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: limtex who wrote (25120)	12/14/2000 5:54:19 PM
From: CAtechTrader	Read Replies (2) of 65232

limtex, I agree...I believe the economy has prospered DESPITE the FED all these years, not because of it. To say the FED made it all happen is to take credit away from the hard working American people who have produced and innovated beyond any measure in history. Fed Ex and UPS warning today are quantitative measures of the "through-put" of the economy. For either of these 2 companies to warn in a 4th calendar quarter should send major red flags up the economic pole. The Fed Ex man who visits us daily, Tim, has said his deliveries are running way lighter than in several Christmas times past. I was at both K-Mart and Target shopping for my kids last night...Plenty of Parking, No CROWDS, NO LINES! We can't see it in the "official" numbers yet, but we have hit a wall I am beginning to believe...and Alan G. is driving.

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