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.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: H James Morris who wrote (124507)	5/3/2001 3:21:59 PM
From: gladman	Read Replies (1) \| Respond to of 164684

Watch employment #'s tomorrow, it could set up an ugly market next week.

To: H James Morris who wrote (124507)	5/3/2001 4:37:54 PM
From: GST	Read Replies (1) \| Respond to of 164684

HJ: I think there are two issues in the market: Is the market overpriced? And, has the economy nearly reached a bottom or are we heading into a recession? If we are heading for recession then the market is most certainly overpriced. If we escape a recession the market is still overpriced but we have the Fed and enough wishful thinking to go higher. The Fed will go 50 points no matter what happens in the next week. Now, the question is how can we know if we are heading for recession? Answer: The job market -- and we get a better look at that tomorrow. Its a coin toss, but chances are we get another little recession scare in the morning. Good luck.