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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Uncle Frank who wrote (36789)5/11/2001 12:59:42 PM
From: limtex  Read Replies (1) of 65232
 
UF - Not a two day dip but now almost a continuous slide of about 20 or so points per day with nothing in sight to excite any interest indeed kust the opposite.

RR says cautious for the next twelve months and across the board a more common acceptance that there is basically no recovery in sight indeed the opposite, it is getting substanitially worse. This seems to me to be bringing on the slow and nuaseating realization that the money lost in the last year is not going to come back soon if ever.

Not only that but there is every prospect of more going out the window as the recession finally albeit slowly reveals itself even to the Fed.

Still I suppose they will do the usual...deny deny deny and continue moaning about non-existant inflation.

What a sorry mess in only a few months. There isn't anyone to moan at except Mr G. I should have known when it became obvious that Mr Bush had won. Its not his fault I happen to think he is a thoroughly decent and nice man but he and his father are just plain unlucky for the market and you nned luck in the market.

Best regards,

L
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