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Strategies & Market Trends : Trading with Jerry Olson(OJ)
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To: Jerry Olson who wrote (1244)10/9/2003 12:49:31 PM
From: Jerry Olson  Read Replies (1) of 1617
 
now here's what i wrote to my subscribers in my newlestter on Sunday

I wanted to comment on this weekend. My wife and I went shopping at the malls. It was like Xmas everywhere. We looked at each other as in disbelief? The joint was jumping big time. I mean hugh lines at the register, and sales and business was booming. This is a good sign to me. The consumer has held up this rally all the way. If they really get their act together and the employment picture improves a bit, we could see some pent up IT spending start from corps that HAVE to get rolling against their completion. In fact I'm betting that's exactly what's going to happen here. Companies will begin to re hire and start to spend money to ramp it up as we come out of the doldrums. Could be very exciting. We'll watch and see how this plays out over the next 1-2 quarters. Ok let's take a look at the indexes.
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