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

To: limtex who wrote (36874)	5/13/2001 11:02:17 AM
From: RR	Read Replies (2) \| Respond to of 65232

Hi L: Agree. I tend to ask myself what will prop the market up, where's the catalyst. Such a simple question but fundamental. I do believe that when we start to get reports that orders are coming back in, cap sending forecasts up, in other words, the first hint that things are better and have turned around, that the rush into the market will be profound. I base that on my belief that the investor out there today is the same one that created a bubble is still there, with still high hopes and dreams, and they will not want to be late to the next party, so to speak. The issue is when will this happen, the turn around. In spite of my bullish belief, I was telling Jim Willy as far back as fall of last year that I was not convinced we wouldn't have a hard landing. The airports are still full and Walmart lines long..... we're not there yet. I'm hopeful that some of the second quarter guidance reports will indicate some brighter light at the end of the tunnel. Will be interesting the see what Mr. G does to balance inflation with the rate cuts. Take care. Have a great Sunday, and remember, the bulls will return, it may just be Q4 or Q1/2002 and when they do, look out for the stampede! RR