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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (50087)1/28/2001 11:11:21 PM
From: Skeet Shipman  Read Replies (1) of 94695
 
Hi Bill,
<BTW, the drop-off in down-volume we experienced within the past 2 weeks... last time we had such a drop was Dec 94...Need I say more???> Perhaps you could explain.
94 was the infamous tax increase. Early in 95 is when the high growth bull market began.
This I believe agrees with the Superbowl indicator!
Yet, we may be headed into recession of unknown length. The weekly loan and leasing data is lower again this week. It is too early to say we have peaked out in the debt cycle but it is every economist's biggest fear.
John Chambers, chief executive of Cisco Systems, warned investors on Sunday to take a more "conservative" view of the company's outlook for the next six months, as the US "market is slowing down much faster than people realise".
Skeet
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