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


To: limtex who wrote (28476)1/6/2001 1:08:46 PM
From: KHS  Read Replies (1) | Respond to of 65232
 
Limtex, of all the media discussion surrounding the econ slowdown, I haven't heard anyone mention the possible impact on consumer spending due to the election drama.

In a way the election drama spooked me about our country in a way politics never has before. And I am an optimist to begin with. My normal routine changed and I did not think much about spending for the good things in life. Just think what this political anomaly may have done to "joe america".

I think even the Fed admits its mistake jacking us with the 1/2 point last May, but could the steep drop off in the economy that began in Novemeber and through December have been fuel by the election drama?

What is your opinion and why do you think this is possibility has not been addressed anywhere in the media?

Thank,

Keith



To: limtex who wrote (28476)1/8/2001 4:20:19 PM
From: DiB  Respond to of 65232
 
L,
shorts can't exist without buyers, you should know that.

Do you recharge your steam every morning, so that you can blow it off the whole day? <g>

It seem that the majority of the tech leaders finished up for today with decent volume on the Naz. Looks like a very good sign to me.

-DiB