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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 694.04

+0.7%

Jan 9 4:00 PM EST

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To: KymarFye who wrote (69255)	2/15/2001 6:03:14 PM
From: Vitalsigns	Read Replies (1) of 99985

Surprised no one is talking about Nortel and John Roth's comments . NT doesn't expect US economic growth to resume until late 2001 . Many talking on TV has been discussing a Q3 turnaround , Ouch. So that will be blow number 2 tomorrow for the markets, the first one came last week when Greenspan gave a speech outlining that the US growth numbers were not as bad as originally thought which forced market gurus to cut back their expectations of another pre-meeting rate cut. i wonder who will be correct come Xmas 2001 , Greenspan Q3 turnaround or NT's forecasted Q1 2002 pick up in growth <ggg> Tomorrow should be ugly considering that Monday is a US trading holiday as well. Vitalsigns

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