To: Raymond Duray who wrote (11263 ) 11/2/2000 8:07:57 PM From: Jim Willie CB Read Replies (1) | Respond to of 65232 Ray, you still are focusing on the present stocks do not in the nearterm, expectation of a Fed response to current conditions will likely bring about a bear market reflex rally if you think I see all as rosy, check my post from last night a serious finance liquidity crunch is underwayMessage 14706929 higher energy costs are hurting many, esp up north and for truckers no question about it that is the present do you think next late summer, fuel prices will be as high? I doubt it, and that is what oil company stocks are pricing now you dont see a beacon phenomenon over the horizon neither do I perhaps B2B will be much bigger than we expect perhaps telecom, wireless, fiberoptic will continue to charge ahead perhaps demand for broadband will grow steadily and best of all perhaps the Fed will ease twice before July 2001, like Angell believes he used to be a Fed governor he is no dork, and he knows how Greenjeans operates heck, he can probably talk in Greenie's queer language can you remember autumn of 1998? things looked incredibly bleak that marked the beginning of a huge stock rally we can agree to disagree, sure I am looking out 6-9 months you are looking at the immediate future that is where we differ I see current conditions deteriorating, just like you here is a question that drives my point indirectly check the chart for Exxon Mobil (XOM) if oil prices are so high, with margins robust... why is this stock declining? because crude oil and gas pump prices are coming down SOOOON another: banks are feeling some serious pain, for sure check the chart of Chase Manhattan Bank (CMB) their loan portfolios are showing some red but bank stocks are starting to recover why is this? because the financial liquidity strain will find relief SOOOON respectfully / Jim