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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Jorj X Mckie who wrote (61817)12/16/2000 6:46:39 PM
From: Rich1  Read Replies (1) of 63513
 
FWIW let me tell you about my observations about the economy..
Went to Dillards this morning they were having a half off sale on suits between 8 a.m. and 10 A.M today..
Also if you spent A $100 you received a free traveling case kind of like a dopp kit...
Got to the store at 9:30 A.M. the store was empty I was the only customer in the Men's department..
Talked to the sales guy who I know from shopping there..He said business was terrible a lot different from last XMAS..
Second observation went to a five year old's birthday party talked to my friends father who is a little older than moi.
He said he was up over 2 million in the market..Its all gone he is not into original capital/investment but is being patient cause he knows it will come back..
BTW his biggest holding is Motorola..He makes the little copper pieces on the bottom of the phones for them and Nokia..
He also owns QCOM,YAHOO,..
Those stocks never coming back...IMHO...
think we are in for some bad times ahead..The R word is a definite..Problem is they wont ring a bell when this is over so how do we tell.
Yesterdays volume huge but no capitulation...
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