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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: Dealer who wrote (34818)3/27/2001 8:59:18 PM
From: Dealer  Read Replies (2) of 65232
 
What's changed in this Market??? And: What's all this talk about "Consumer Confidence?" Was it not up last year when we were falling knives????? We need some good earnings reports and then we need another and another and another.

See post below:

To:Canuck Dave who wrote (41731)
From: LTK007 Tuesday, Mar 27, 2001 10:14 AM
Respond to of 41761

consumer confidence WAY ABOVE expectations at 117---and yet i just heard a guy who has access to a WEEKLY consumers confidence survey and it is dropping significantly--one of these days the FED rearview mirror data is going to blow up in their face.Curiously market is downticking on what is supposed to be great news--could people actually be thinking FUNDAMENTALS/Valuations matter much more and NOT government surveys of consumer psyche to spin and spin?? and thinking this is BS, NAH!!!! no way. but people do see this putting a nix on interest rate slashing--max
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