Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (80984)	7/30/2001 4:18:38 PM
From: Jim Willie CB	Respond to of 99985

dahhh, Wall Street strategists woke up finally or else their houses have completed their distributions to the public of millions of shares unwanted they thank us for the nice April/May rally we bought the absurd notion of "2ndHalf Recovery" it was very valuable in unloading overpriced stock shares now that ruse has been exposed, no recovery, not yet you cannot simply add 6-9 months to the start of Fed easing it aint that simple to execute within the economy it is that simple to sell the notion to the investing public NOTICE: 2ND HALF RECOVERY will be delayed until 2002 my bottom target for S&P is about 1000-1050 for autumn with layoffs mounting, accelerating once again with huge writeoffs in techland with delays in non-tech business equipment with no noticeable revival of capex... the consumer is next to give it up, and just wait out PEratios are unusually high even now these guys just cannot say "we think S&P will close 18% lower than current levels by December" but that is what they are thinking, imo the NazComp gave it up, but neither Dow nor S&P upchucked now it is their turn / jim