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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?

To: SirRealist who wrote (1)	5/20/2000 3:32:00 PM
From: KevinMark	Respond to of 24256

Kevin....congrats on your new thread! Keep up the great work! The other Kevin! LOL. KM

To: SirRealist who wrote (1)	5/21/2000 4:01:00 AM
From: MSB	Read Replies (1) \| Respond to of 24256

Hope you don't mind me jumping right in. I've got a few musings and wouldn't mind an opinion or two. Regarding the following from post #1 in bold: 2) Larger economic factors clearly indicate consumer confidence in a robust (I sure hate that word) economy. Homes are being built, people are employed and they're spending. With rising interest rates which would be more likely to occur regarding home building (and I'll include home buying in general): Those looking or thinking of making such a purchase will hurry to secure financing to make the purchase, or the purchase will be put off until a later date hoping for a fall in interest rates? Assuming folks will hurry to make a purchase and secure a lower financing rate, will this suggest home building and/or purchases are not slowing which will give the Fed reason to think another 50 basis point rate hike is prudent and therefore lead the market even lower? I'm also wondering how much of the "robust" economy is based on wages spent at the time of earnings, or more retirees dipping into retirement vehicles since they've got more time on their hands and are perhaps looking forward to a few more luxaries, or if there isn't a relatively high amount of "stuff" bought with borrowed money. What happens if it happens to be the latter? Am I way off base here or could this be a concern going forward? Kevin, What are you currently playing unless the question falls into the NOYB catagory? Mike (Looking forward to some useful discussion)