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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: Dalin who wrote (32044)2/27/2001 8:45:45 PM
From: Jim Willie CB  Read Replies (2) of 65232
 
methinks erstwhile Jim Willie said "watch for Naz2150 by midMarch"
in a Dec22 post
and for economic bottom to be seen in late summer

I see no value in the Fed forcing this destructive economic cycle upon the world every several years

it only makes me start from ground zero each time
since my trading only amplifies the direction we move

PrezW speaks tonight
GreenBum has more confidence in the economy's resilience than is due
he overlooks a few key key key differences this time around:

- productivity engines are being slowly ignored now
- venture capitalists have shut down new plans lately
- the IPO market was essential for sustaining economic growth
- once momentum slows, very very difficult to restore growth
- postY2K slowdown was built in, didnt need to be amplified
- Winston Churchill effect is happening with consumer confidence
*** (fearing fear itself ==> no confidence breeds less confidence) ***

now I expect the economic deterioration to hit housing and real estate next
today's data indicate such has already begun
been expecting this
first PC's, then automobiles, then housing, then congratulations to GreenShitBird

let us not forget to genuflect to GreenBaldy on the way out
and shut off the lights

enough banter from this fool
next Monday I enter the catholic convent for a new job
very excited, in the laundry department

/ JW
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