VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Boplicity who wrote (25249)	12/15/2000 9:56:05 AM
From: Jim Willie CB	Read Replies (9) of 65232

I believe this Porch suffers from "pathological bullishness" all talk of Naz rising to 3500, even 4000, are inane all talk of a Sept-Oct rally was irresponsible we dismiss the steady onslaught of earnings warnings, economic slowdown evidence, and prefer to bash the Fed I spoke steadily this summer of a climax in Nov-Dec-Jan, where economic slowdown would be peaking but I didnt position myself this board contributes to the denial in my own analysis instead we should be getting the eff out of its way the Fed and Greengrinch wanted to slow the economy, so we bought into the Soft Landing nonsense THERE HAS NEVER BEEN A SOFT LANDING higher crude oil prices, together with excessive Fed tightening, will ensure at least one flat to negative GDP early next year this board is pathologically infected we spread the optimistic scenarios, despite all evidence to the contrary I almost went to QQQ jan puts when Naz stalled at 3000 but I keep on hearing about endyr rallies and I did not go short, as I wanted and planned even Galvin was wrong yrend rally might take us to 2900, my downtrend boundary target thank you, broke / jim

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