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Strategies & Market Trends : Steve's Channelling Thread

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To: McNabb Brothers who wrote (15569)	5/8/2001 11:24:17 PM
From: Jim Willie CB	Read Replies (1) of 30051

Hank, you make a lot of sense with your 10 reasons well, maybe except for #10 techs have had these little diddly pullbacks I feel as though a week/10day pullback would be warranted the economic recovery is NOT a lock debt is huge and growing everywhere layoffs are accelerating I personally think the bad news has nowhere near climaxed even the most conservative impartial adept strategists and economists admit a recovery is at best to come in q4 sure, the market upswing precedes actual econ recovery but this economy seems ripe for several months of stagnation maybe a few more qtrs, and more than what we think do you truly believe the fed can rescue all fundamental ills? what if excessively available money caused the problem? then excessively available money might not fix the problem in the meantime, hard to argue with a steadily rising market the biggest joke to me is that Dow is near highs and the economy is staring at a possible recession I like to focus on the benefit unspoken from lack of cold war that is worth 1-1.5% in GDP alone take care, be nice to each other some smart people here they are just expressing their opinions and some have a remarkable record nobody gets it 100%, probably not you either all statements above are correct, except the wrong ones there is my hedge over and out, Jim

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