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Strategies & Market Trends : Waiting for the big Kahuna
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To: Skeet Shipman who wrote (53319)7/23/2001 5:50:07 AM
From: William H Huebl  Read Replies (2) of 94695
 
The noveau rich (or is it riche) seem to adapt VERY quickly to the new found wealth! Would I? If I put myself in the place of, say, a lottery winner, it might just take me several months or even quarters to REALLY get into it??? Now if you ask me how long it takes me to adjust to, say, a COLA or a raise... probably not at all! My wife may go out and blow a bit of it on sundries and stuff, but no real change in purchasing habits.

However, the whole theory behind the speed of the tax reduction/refund process underway right now is that the populus will spend it right away! Go figger?

I think we not only have a stealth bull underway but we also have a stealth recession - and I think we may pull out of it fairly soon! I am counting on it...
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