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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: Ron Dior who wrote (27237)6/12/2001 3:37:35 PM
From: Electric  Read Replies (3) | Respond to of 37746
 
Ron,

Its that and do you think things will get better when they stop being worse? If you are under the thinking that we are going back to gang busters growth rates in the mid to late 90's then you might be in business, but there is the possibility we may not grow even if we get out of the current problems at past rates..

Another issue..my "gut" feel thinks we havent even factored in foreign markets lately, focusing on our own problems while other currencies are really getting hammered in relation to the dollar. When things get clear here, we will start thinking about exports and the impact on our economy, which we have done zero of the last 6 months...

I think days of long term mania are gone in the general markets, and we are NOT heading to 3k in the near term..

Definately hot trading though..



To: Ron Dior who wrote (27237)6/12/2001 3:39:53 PM
From: Softechie  Read Replies (2) | Respond to of 37746
 
Hint: Talked to headhunters out there and employers are sending out reqs. Some area of economy still in recession but not all.



To: Ron Dior who wrote (27237)6/12/2001 3:47:06 PM
From: Mao II  Read Replies (1) | Respond to of 37746
 
This is the news:
The NY Fed's McDonough in Chicago says he sees potential US
growth of 3.5% to 4%, and that the tax cuts will add to GDP this and next
year. Inflation not now a concern. His comments appear to be lifting stocks,
with DJIA now up 33 at 10954, Nasdaq higher by 7 to 2177. (MSD/TG)
M2