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


To: Dealer who wrote (37350)5/29/2001 6:27:18 PM
From: limtex  Read Replies (1) | Respond to of 65232
 
Dealer - -- Sun Microsystems warned Tuesday that its fourth-quarter results will be worse than expected as a global technology spending slowdown has intensified in Europe and Asia Pacific.

The Clown thread has won I am sad to say. Vol could never have been this wrong in a normal market but this is simply the worst bear market in history courtsey of Mr "Irrational Exhuberance" an "Drum Tight Labor markets" Greenspan.

Well let there be no doubt at all in millions of home this evening that drum tight labor markets are a thing of the past ( even if they ever existed) and that thanks to the prompt actionof Mr G and the Fed Govenors we have at last seen the back of the greatest period of prosperity that the World has known.

Mr G let me be one of those to tell you that you no longer have to worry about irrational exhuberance or tight labor markets. The Fed Governors should be very watchful of a resurgance of inflation. The unemployed might spend too much money.

Best regards,

L