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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: Jill who wrote (31910)	9/6/2000 10:17:21 AM
From: Jim Willie CB	Read Replies (2) \| Respond to of 35685

some tidbits on the overall market - Dow nearing its summer high resistance level NOW - Dow is above its three moving averages - NYSE has been cannibalizing techs & Naz this week so far - financials are strong today, led by JPMorgan - excellent sign for overall market upcoming - excellent productivity numbers with +5.7% - excellent unit labor costs with small negative - Gore is dangerous, calling for eliminating Federal debt - if all US firms moved to eliminate debt, then bigtime recessssion - Gore is dangerous, calling for lid on medicaire drugs - anytime feds get involved with private pricing, bad stuff happens - USdollar is strong as hell, Euro is weak as hell - many are now fearing European economic weakness could get worse - the US bond yield curve now is absurdly inverted - the 5yr TBill has a yield well below FedFunds rate - Greenspan controls (or guides) FedFunds rate - 10yr and 30yr are now about a full 1% below FedFunds - as long as the labor market remains wicked tight, Fed will keep it this way IMO - for currency and bond reasons, Greespan is under pressure to lower rates - FedFunds rate is STILL HITTING BRAKES ON ECONOMY when the stock market factors all these elements, we should rally under the expectation of Fed easing within the next 6-9 months... growth stocks should benefit the most I am wondering if late August was a prolonged amateur hour CREE finding support at 125 RMBS continues to find support at 75 QCOM is up 4 pts !!! / JW

To: Jill who wrote (31910)	9/6/2000 12:08:26 PM
From: Sully-	Respond to of 35685

Hi Jill, Thanks for the explanation. I understand RR's plan & how he implements it. RR is very good about discussing at length all about it. There is no way I would call his plan, nor the option buying by most porchers a willy-nilly plan. FWIW, I choose to poke fun at the obvious & unwarranted swipe at the porch. I know you & Poet have been friends. I mean you no ill will, nor Poet for that matter. Regardless, I am amazed at how far folks will go to get even or get back against folks that they have had quarrels with..... Lies & misrepresentations included. To me, that reflects poorly on the person who stoops to that level. Maybe they really do need to look in the mirror & get a good look at the person they have become. It might bring about a change for the positive. Regards, Tim