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To: Danny who wrote (116316)1/27/2001 9:17:20 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
I thought the market was in a replay of Oct 1998 and I
still think so.


I am not sure but I certainly am not "scared" of the market at the moment.

I think the upcoming consumer confidence index will
be a key. If that index levels off or picks up, it
is almost certain (>85% chance) that recession wont come.



I agree. One area that will work against the index is the recent layoffs on the minds of some due to the sheer numbers. AOL/Time Warner and some heavy industry.