VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (27674)	12/29/2000 12:35:51 PM
From: limtex	Read Replies (5) of 65232

Vol - Oh well. Nice way to end the year with a JPM forecast that the economy is in inicipient recession. No end in sight and next Tuesday starts the New Year sell-off as the tidal wave of warnings break onto the exhauted markets. Worse still the latest comments from economists are to the effect that no recovery in sight in 01 no mantter what Ahab at the Fed does. I thought he was determined to crack the NAZ and break its spirit and crush it once and for all. I hoped his obsessionwould have been controlled by his colleagues but apparently not. Well he looks now like he will achieve his aim although at the cost of driving the World economy into a brick wall. Vol I said before we have all of us totally misread this man. The Naz is over and probably for years. It is a miserable prospect and without any end in sight. BEst regards and a Happy and Healthy New Year to you, L

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