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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: jeremy_atticus who wrote (32975)3/10/2001 2:35:42 AM
From: elpolvo  Read Replies (1) of 65232
 
JA-

here's an article that makes sense:

www2.marketwatch.com

here's my best, but probably flawed, guess...

be prepared to see some lean times for a while. we may see some faux-bull growth between now and tax day... don't get your hopes up if you see it climbing, there will be some ira money flowing into the market before the tax deadline - you might want to sell into it around the first week of april and then buy back later.

there were a lot of people hurt in the market this year. amateurs who may not return - this hurts demand and keeps prices low. it's going to take some kind of excitement to bring back demand. approaching the millennium was exciting - now that it's here and the world is the same, it's disappointing. cold war's over (unless bush re-ignites it) berlin wall's down. china's growing warm to a global economy. the information tech revolution is a done deal - it's going to happen without killing the existing business powerhouses. the small-guy, dot com threat is past... i don't know what will excite anyone right now - we'll just have to hide and watch until something exciting happens - i expect it to take a while - bush is certainly not exciting anyone - gore would not have done any better. mexico's new president fox has some vision - maybe we're just supposed to be stagnating so the third world can catch up. that's ok by me, but i'm waiting and watching for something, anything, that will excite and refuel that sense of urgency that we saw leading up to the year 2000.

if i see it i'll certainly let you know. :-)

JMHO

-el dust particle (attempting to Know the Place ......)
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