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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Sully- who wrote (39804)8/6/2001 10:20:43 AM
From: Jim Willie CB  Read Replies (2) of 65232
 
Olivari misses the entire debt issue, public and private
the current situation bears zero resemblance to 1982 or 1991

he fixates on a single week of unemployment data
check the moving average for trend, Nick, not one week
there was an uptick in Consumer Confidence back in April
big deal, trend is down now flat

wow, Chan thinks we got the Soft Landing sought after
recession is the reality, not the technicality
who give a rat's shfinkta if it meets the definition
several dozen tech stocks are down over 90% from highs
many are below their late 1998 levels

DEBT is the big issue that makes this time different
hard to escape it
deal with it, or it deals with you
in every phase of life and investing

/ jim
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