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

To: Jim Willie CB who wrote (39127)	7/17/2001 6:58:04 PM
From: limtex	Read Replies (1) \| Respond to of 65232

JW - There is absolutely no sign of any pick-up in business. The 2H recovery seems to have been a total mirage and Infineon even referred to no pick-up in 02 so the earliest any real improvement in business seems likely is now 03 and that is so far away as to be meaningless. Mr G ought now to be satisfied but one can't tell. He may still want to see millions of unemployed. He could refuse to cut interest rates from their very high levels and take the brakes off the economy. So far he hasn't shown much sign of wanting to get the economy going again. Best regards, L