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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Jacob Snyder who wrote (4256)4/2/2001 9:26:12 PM
From: Rick Storm  Read Replies (1) of 52237
 
Jacob, the napm hit bottom in Jan and has had a small rise in the last 2 mos ; like consumer confidence it looks like a contranian would filter out the noise of the market and its commentary and figure that our slowest growth was already past--consumer conf hit bottom is Feb; if the unemployment rate holds at 4.2, then maybe the economy has turned although the high tech/bubble has crushed the confidence of many buy/hold investors and perhaps this will be the underpinnings of asurprise rally with the prime rate at 8 and this not at this level since aug 1999; so maybe this is what we are missing and the sox may follow the economy with a U shape and we only have a few more btb to go; and since the market supposedly anticipates; then maybe sooner than later.
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