To: RR who wrote (37969 ) 6/19/2001 5:35:23 PM From: Jim Willie CB Read Replies (2) | Respond to of 65232 as the absurdity of 2ndHalf Recovery becomes clear stocks will cascade back down to March lows conviction will gather steam each time pathetic econ data is presented, "seen the worst" comments follow like crying wolf, it loses its credibility the entire world economy is sliding into a recession my professional take is it will get worse before better asia will not recover until Japan rebuilds I expect Japan to enter a recognized depression, if not already in it apparent that brokerage houses are full of feces the spring rally was a bonafide bear counter-trend rally the reality is one of mfg depression, service side deterioration, still growing unemployment, with continued consumer spending for now despite terrible confidence housing is holding up the economy, and by Sept that might lose its force also the industrial utilization figures last week are a serious warning call NBC Nightly News appropriately devoted full ten minutes to the story they mentioned the 2nd Half Recovery and its erosion of that expectoration better times are coming in November at the earliest more likely by April 2002 the US economy is too weak to pull the entire world economy out this time it succeeded in 1998, NOT THIS TIME in March I predicted two dozen top techname stocks to be single digit JDSUniphaz flirted yday under 10 SUNW Micro is close plenty of others to follow, havent the details and dont care firms with loaded debt remain as selling targets TQNT Triquint has been cut in half in four weeks chip sector book:bill will likely remain under 0.50 for a while "seen the worst" is pure GLUTE SHOOT good luck, and protect your arses I have decided to attempt to return to Boston before ski season homesick, rebuilding the spinal cord / jim willie