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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (49589)	12/7/2000 8:15:07 AM
From: Skeet Shipman	Read Replies (1) \| Respond to of 94695

Hi Bill, (You heard it here first!) Economy may be recovering from October lull. If you look at total commercial loans and leasing, the economy broke its growth trend during October. Yet, it resumed growing during Nov. And now we are gliding in for a landing. If anything, this has shown that there is a wealth effect, and it can decelerate as well as accelerate the economy. It took us a little longer than expected to wear off the excess liquidity pumped into the system for the millennium. Inflation in the offing We may start to see more inflation. It appears the CRB index is about to break above its previous high with natural gas increasing 20 plus percent this week. The oil decline is probably over. Companies may be pressured to increase prices for the next budget period when adjusting to slower growth. Will it help the market? None of this will help the tech sector, which had been growing at 30% a year, adjust to 18% next year. So even through there may not be a recession; yet, it will still effect earnings. Does it feel like a bottom? This does not feel right for a bottom. To many investors are still chasing growth and anxious to get in the market. Skeet