VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (32985)	3/12/2001 2:32:26 AM
From: limtex	Read Replies (2) of 65232

Vol - The only area that I feel the fed might be making a huge mistake on is underestimating the purchasing power that has been lost by the severity of the NAZ's fall. Deep recession - BULLS---! But Vol those are the ingredients of depression. The noise we are hearing around the World this morning is not normal corrrection noise and it all feeds upon itseld in a downward spiral. Some of the language of the threads is to the point that people have had enough. We waited for the summer rally, the October rally, the end of the Year rally, the Christmas rally, the January effect, the Oct -Mar effect and we are now just over 2,000. Zeev Hed was calling for a raly after what he called the Feb Massacre (he called Feb in advance and correctly) but so far March has only been a continuation of February. The point is that we have grasped every straw for the last year and it has all been in vain so far. Warren Buffet has come out with something today which I haven't seen yet but sounds like "I told you so". The old boy was finally proven right yet again. Best regards, L

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