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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Venkie who wrote (43410)10/20/2001 3:37:43 PM
From: Mannie  Read Replies (3) of 65232
 
Venkie....

Just wondering what makes you start feeling bullish again. Just asking, not attacking.

I see valuations still at historically very high levels, earnings stink and most likely will get worse, I see worldwide recessionary forces...maybe even depressionary forces in Asia, Argentina. European banks are not loosening...

Tis not looking very good out there at all to me. Looks like the market has to continue down or sit flat for a very long time as earnings catch up to valuations.

have a good weekend.
Scott
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