Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (12670)	4/16/2001 12:08:50 PM
From: pbull	Read Replies (1) \| Respond to of 13572

Mornin', JW: There's an interview in Barron's this week with Richard Russell that's actually worth reading, IMO. He's a bear who makes two interesting points: the Dow transports have not participated in this decline, and the dollar remains firm amid the rubble in the markets. He speaks a bit about overcapacity, and why Fed rate cuts won't rescue the economy. We need time, he says, for the weak players to go bankrupt so the strong can survive. He's recommending T-bills. My question is this: As the recession deepens, and given the spike in fuel prices this spring, why in the heck are the transports acting like there's nothing going on? PB