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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (5447)	1/27/2000 11:24:00 PM
From: Mephisto	Read Replies (3) \| Respond to of 24042

[This has worked in the past and should continue until the economy as a whole goes to pieces] You are certainly an optimist Tiger Paw! (g) Maybe, the State of the Union Address reinforced your confidence in the US and the global economy.(g) May I shake your paw? (g) I want to shake your paw cuz I'm shakin'. This market scares the zinga out of me........ Meow, Mephisto

To: TigerPaw who wrote (5447)	1/28/2000 12:22:00 AM
From: Hank Stamper	Read Replies (1) \| Respond to of 24042

"This has worked in the past and should continue until the economy as a whole goes to pieces (which the new mult-trillion dollar Govt. surpluses leads me to believe has not happened)." The stock market is a leading indicator of the economy. Historically, the markets tank approximately 6 months before the economy does. Historically, the economy is at its strongest 6 months prior to it begins to seriously turn down. So, it may not be best to look to the present strength of the economy as your leading indicator. In fact, one might argue, that the present strength of the economy is part of the problem--it is simply growing too fast for Greeman to accept. He's got to put the brakes on in order to prevent inflation in the future. (Yeah, I know, there is no inflation as the backwards-looking indicators tell.) Ciao, David Todtman