VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: stockman_scott who wrote (35781)	4/13/2001 12:12:17 PM
From: Jim Willie CB	Read Replies (2) of 65232

I expect the economy to attempt to get on its feet this summer it may succeed in putting one foot in front of the other at least for a short while but by late spring or midsummer, we may see the shock if inventory levels move up rapidly, then layoffs will hit like a tidal wave then the dominoes topple, beginning with consumer spending yesterday the big ignored econ stat was big drop in consumer confidence the market wants to rally on any news all spin is positive Naz 2000 might offer some resistance that is the 30day MA level then Naz 2100 is roughly the 50day MA level need more positive news to thrust through these levels / jw

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