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

To: limtex who wrote (38628)	7/6/2001 3:19:33 PM
From: Dealer	Read Replies (2) \| Respond to of 65232

Next week's economic releases (preliminary) July 9 Consumer Credit May July 10 Wholesale Inventories May July 12 Export Prices ex. agriculture June July 12 Import Prices ex. oil June July 13 Consumer Price Index June July 13 CPI ex. food and energy June July 13 Producer Price Index June July 13 PPI ex. food and energy June July 13 Retail Sales June July 13 Retail Sales ex. auto June

To: limtex who wrote (38628)	7/6/2001 4:56:19 PM
From: xr1	Read Replies (1) \| Respond to of 65232

Greenspan wanted to slow the racing economy so he tried to ‘shoot’ the economy in the foot with his economic bullet(interest rate increases). Problem is he missed and the economic bullet ricocheted and struck the economy (a patient in a medical analogy) in the abdomen injuring the liver, kidneys, blood vessels and the bowel. The economic patient needed emergency surgery (lowered interest rates) but the Doctor (Greenspan) decided to wait. Then the economic patient went into shock suffering from blood loss, infection and multi organ (sector) failure. So now what? The economy(patient) needs major antibiotics, blood replacement and treatment for the multi-organ failure. Any guarantees for recovery ? The patient will probably survive but in what condition ? The patient may need dialysis, permanent colostomy, special diets forever because of severe liver damage, etc., etc. Any lessons from this ? We need quicker responses from our leaders. As we all age, we react more slowly, physically and mentally. Perhaps we need younger, more agile thinking and responsive leaders in certain key positions. We need to consider people – those who now have lost their jobs and who will lose jobs as the economy sinks further. I don’t mean unemployment insurance. I feel sorry for those unemployed who now have emotional and financial stress brought upon them through no fault of their own. These stresses can destroy families and leave permanent scars. The fact is that job loss should be at the Fed for poor performance. That’s how I see it. HIN

To: limtex who wrote (38628)	7/6/2001 5:14:05 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 65232

you correctly suspect my facetious ways the 2ndHalf Recovery has begun what a joke!!! all the April/May gains were predicated upon this absurd premise one uptick in factory orders does not a recovery make that data was followed by much larger unemployment numbers look East to Japan it is coming Scott, you and I often forget the Charter of the Federal Reserve IT IS TO PREVENT INFLATION AND MAINTAIN INTEGRITY OF BANKING SYSTEM NOT... to encourage growth and avoid dicking with the economy so, Alan GreenScrotum has succeeded inflation is under control until late 2002 / JW