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Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks

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To: Jack Hartmann who wrote (2087)2/23/2001 11:33:46 PM
From: stomper  Read Replies (2) of 6928
 
Nasdaq 1500 fear mongers

Hey!!!!!! lol

Personally, I've no problem with 1900 IF it washes out some of the other problems. The last savings data I saw (which I was just trying to find over at Economagic, post it whe i can find it) shows a NEGATIVE savings rate in this country. The American consumer is deficit spending...mortgage refi's are at all time highs...banks are about to come out with a credit card tied into your home equity and the average American has over 8k in credit card debt. Can we move strongly forward under these kinds of circumstances?? We could hit 1900 in a month and those problems will still be there which is why I think this need s to go much lower.

OK OK, I'll stop my growling. The only reason I post this here Jack is that I know there are some good minds and I like hearing their input on these kinds of bearish issues. Sorry for the noise :-).

-dave
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