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


To: limtex who wrote (40679)8/29/2001 11:23:30 AM
From: Jim Willie CB  Read Replies (3) | Respond to of 65232
 
yes, Economist got it right imo
the biggest upride to be followed by the biggest downride
liquidity, shmiquidity
low rates, shmlow rates
dont mattah

BY OCTOBER IT WILL BE CLEAR: FULL SCALE GLOBAL RECESSION
DECLINING DOLLAR
FRESH NEW LOWS IN MAJOR AVERAGES

round after round of layoffs still to come
many corporations expected a 2ndHalfRecovery of sorts,
so they put off larger layoffs
that will end, with capitulation soon
as corporations toss in towel, most consumers will also

after Labor Day is like a new year, new beginning, new policy

the part that confuses me is that Leading Econ Indicators are pointing up
with Adv/Decline Line pointing up also
we will see if these indicators point down soon

/ jim