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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Voltaire who wrote (26105)	12/19/2000 7:50:07 PM
From: limtex	Read Replies (1) \| Respond to of 65232

Vol I'm very much afraid that we have totally but totally misread this. We are in a recession now and its getting worse. MSFT called it a 'dramatic drop off in business around the World'. The houses are getting dragged along like evryone else. They are going to have lay-offs in Jan/Mar. MSDW missed and badly. They are a big house. Vol this is the big one, the once in a lifetime crash that is everyones dark fear. They say it ususally follows a big run-up and thats what we had....the biggest ever run-up. IMHO we stand a good chance of a sustained slump until Mr G has finally crushed any hope of a NAZ rally. Best regards, L