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To: TGPTNDR who wrote (35144)4/6/2001 7:51:19 PM
From: kash johalRead Replies (1) | Respond to of 275872
 
TGPTNDR,

re: Going negative

I think the NAZ can go much lower yet.

I think Q2 is gonna be worse than Q1 for some markets.

Thats when crap will hit the fan.

This is not a buy and hold market in my opinion.

Nor a short and hold.

Prices can whipsaw 10-15% daily.

But the PE's in NAZ are still around 60-80.

Scary thought huh.

regards,

Kash



To: TGPTNDR who wrote (35144)4/6/2001 9:06:09 PM
From: fyodor_Respond to of 275872
 
tgptndr: We've got 2 Utilities in California ready to go now. We've got Japan dead. We've got an overvalued $.

We've got energy inflation. Works like a tax on the economy.

And we've got an excess of almost any finished manufactured good, as compared with a year ago, that you can name.

And we've got a FED that *JUST DOESN'T GET IT*'


And to top it all off, Europe is really beginning to feel the pinch now - doubly so due to the mad cow and foot'n'mouth disease. Consumer confidence and consumer spending is at a 12 month low, and the tech layoffs are just now beginning to be executed. At least the strong dollar gives European exports a fighting chance (except, of course, virtually all agricultural products).

-fyo