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To: CharlieChina who wrote (53128)8/22/2001 11:01:08 AM
From: E. T.  Read Replies (1) | Respond to of 62347
 
Perhaps, I say we begin to rally in Sept. Nicky, didn't you say your were departing forever from this thread.



To: CharlieChina who wrote (53128)8/22/2001 11:04:17 AM
From: Vitalsigns  Respond to of 62347
 
There are a few factors this year that may delay a major sell off a little longer than expected. The biggie is the temporary economic numbers boost that the $38 Billion tax refund checks are going to provide over the next 30 days . The market is looking for strength or any sign of recovery in the numbers being reported and so far those refund checks are being spent and not hoarded as feared. Which means that the next few weeks of weekly numbers may show strength and the market may run with that. The retail numbers for the last week have seen a jump due to the refund checks and the checks are being sent out in batches until the week of Sept 24th. So with little news coming out in the markets until Warning season begins in Mid Sept and a positive boost in spending because of the refund checks , I fully expect a market that trends higher over the next few weeks .