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Pastimes : Home on the range where the buffalo roam

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To: Boplicity who wrote (2302)	6/22/2001 4:57:20 AM
From: Sig	Read Replies (2) of 13815

<<I think we will not make it back to the April low, too many stocks basing above that level. I firmly believe we are still in a new bull market that is taking a rest. But I feel the rest will last longer then most think it will, unless we get some form of news to change what seems to be q1 to q2 2002 recovery push out from the mythical end of the year recovery.>> Nice summary, Bo: Orders for Christmas goods are starting to be placed by stores about now. In this environment of uncertainty with sales down or flat , but employment still good, store buyers will likely be overly-cautious Expect them to run out of goods and have to re-order on late notice. This will help turn the tide and destroy the present negative thinking that people will run out of money and stop buying. . Hard to tell what categories of goods will be in demand. Probably not washers and dryers. More likely cell phones which never quite work right due to range problems. New computer games. HDTV's may get reduced to an attractive price range. Home tools to install your basement ceiling<g> Even a reasonable Christmas season will end the fears that people wont spend. Checkout lines at HD here sometimes get so long I walk out and buy elsewhere. This small town has changed greatly in 5 years- new roads, new schools, new apartments, WMT, HD, IHOP, a new power plant so its hard for me to recognize an economic slowdown. Sig

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