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


To: Voltaire who wrote (26602)12/21/2000 12:34:46 AM
From: Cactus Jack  Read Replies (2) | Respond to of 65232
 
V,

RE: housing starts are up. Wouldn't housing starts be considered a lagging indicator? I don't see recession here, though I see the economy coming to a screeching halt awfully damn fast.

jpgill



To: Voltaire who wrote (26602)12/21/2000 8:34:53 AM
From: Jill  Respond to of 65232
 
From OJ's email this a.m.; he says start to take your long positions soon:

you'll kick yourself in the butt for not looking on down the road...i lived thru the 87 market crash..and then thru the worst protracted recession/depression for 4-5 years in business history for me...interest rates were over 22%, Banks shut off credit, people went out of biz so fast it was disgusting...we are not even close to that same senario...rates are so low here it's astonishing..and they will be a lot lower 6 months from now....a big big bonus for us and the markets Worldwide