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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (34954)3/29/2001 3:25:47 PM
From: Jim Willie CB  Read Replies (2) of 65232
 
the simplistic keys I see are JOBS and HOUSING
if JOBS falter, then HOUSING will
if real estate prices gradually slide, then homequity credit will curtail consumer spending
if JOBS falter, then AUTOS will suffer
but autos are an effect, not a cause

I disagree vociferously on your dismissal of layoffs
they undermine consumer confidence, spending, yadayadayada
if neighbors or friends or family members are laid off, then it freezes spending period
the layoff cycle has ONLY BEGUN

you have been a bull all through this since early summer
I think you cling still to a few mistaken notions
but I love your ass
and werent those boxes in your study brimming with VS lingerie ???
I am certain I see a batch of bright red wire-clad brassieres
damn, I knows I did... I stole one
/ jim
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