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To: Detail-MD who wrote (18456)5/12/2000 7:02:00 PM
From: Jim Willie CB  Respond to of 35685
 
Doc, I believe funds and bigplayers begin to re-enter gradually over time when the end of the bottom formation is close at hand... I anticipate something like a triple or quadruple bottom at Naz 3300 and QCOM 100

it probably is not really close to end bottom right now
interest rates and Fed anticipation is just too unpredictable right now

the big question is whether Greenspan and the Fed governors believe a brief recession is necessary
whatever they intend to engineer, they will grossly overdo

I sincerely the Fed adopts a wait&see attitude, which will lead to an economic stall from past hikes
I suspect the Fed will attempt to engineer a soft landing, which will lead to a brief recession

the Presidential Election is likely to save our asses more than we know
I think those dumb farking old bastards will attempt to finish their dirty perverse business before July
/ Jim