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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (44995)7/19/2001 12:47:13 AM
From: Canuck Dave  Read Replies (2) | Respond to of 56534
 
Something for everyone in those IBM numbers.

Top line steady, internal cost cutting keeps bottom line pretty good. Softness in some areas down the road.

I read that article you posted pretty carefully. It really does appear the US economy is on a tightrope. If it dips into recession, even a little, the whole debt bubble collapses and the consumer is squeezed dry. If tax rebates and rate cuts keep things going, just maybe capital spending increases and overall economy improves.

Point of no decision might still not be for a while. You betting down?

CD