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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who wrote (238492)5/1/2003 10:22:56 AM
From: MythMan  Read Replies (4) of 436258
 
RealCommentary from TheStreet.com
The Importance of Informed Worrying
Thursday May 1, 10:16 am ET

By James J. Cramer,

Aren't you worried about the weak dollar? Aren't you worried about Bill Fleckenstein's comments? Aren't you concerned about the bigger macro picture?

I've gotten about a two dozen pieces of email like that since Bill Fleckenstein's series of downbeat articles about structural issues including the dollar. Here is my response, and it isn't what many of you think it will be: I am deeply worried about what Fleckenstein writes. I don't want to see the dollar fall off a cliff. I am worried that sales in the end markets are weak. I worry about the role of America overseas and what it means. I think the tax package is too big now, vs. what I'm hearing in the marketplace.
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