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


To: Murrey Walker who wrote (40105)8/9/2001 12:51:05 PM
From: limtex  Read Replies (1) | Respond to of 65232
 
MW - Sooner or later GW is going to make the connection between all the doomsters predicting no recovery till 04 or 05 or whatever and .....elections.

It is taking him a little longer than most politicians would normally take but that is only to be expected. His father is by all accounts a lot brighter than he is and look howe he was slung out by the American People after making a mess of the economy.

I guess we just have to sit and wait. Unfortunately sparsely populated central Texas rural towns with popualations of less than 500 are not perhaps the place to see thousands of unemployed and businesses going bust. But sooner or later someone will tell him.

Best regards,

L



To: Murrey Walker who wrote (40105)8/9/2001 1:07:03 PM
From: Jim Willie CB  Read Replies (3) | Respond to of 65232
 
I sincerely doubt 1900 will hold on Naz by endSept

people here mocked the Clown Killers last week
or perhaps the previous week
because INTC was running up?

as LimtexMan says, it is timing now
people with little economic knowledge or experience simply think that Fed cuts will result in knee-jerk recovery

they will think so until they no longer have any money
better said, they think so at their own peril
the economy is weakening each month
the Federal Reserve finally sees it, and rightfully admits it
investors see it as a buying opportunity

my simple meter says "selloff ends with CSCO at 9.5"
and maybe also "with INTC at 20"
/ jim