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

To: Venkie who wrote (40733)	8/29/2001 7:12:23 PM
From: limtex	Read Replies (1) \| Respond to of 65232

Venkie - GW is a very nice man but he clearly hasn't got the first idea what to do in these circumstances facing as we are a virtual collapse of the global economy. He shoudl in my view have had a Sec of the Treasury who let us say didn't seem to find handling the ecoonomy "challenging". Whoever that was should have called an emergency meeting of his opposite numbers in EU JP and Asia. quietly of course but it shoul have been done. There should have been concerted action to repair the damage done by the geriatrics at the Fed. OK the Pres cannot fire them but you can get around them but you have to be very strong and firm and have the confidence of the other World leaders. I think GW could do this because he is potentially a strong President but he has the wrong team except for Cheney and I am afraid to say that he doesn't know he should be doing this and that is the scary part. Best regards, L

To: Venkie who wrote (40733)	8/30/2001 9:22:43 AM
From: stockman_scott	Read Replies (2) \| Respond to of 65232

For the Naz the next support zone comes into play between 1795/1785... 09:16 ET Nasdaq Composite Pre-Market : -- Technical -- Failure of the index to put together a more impressive turnaround yesterday and the after hours/morning negatives (SUNW, MSFT, GLW, DELL) set the stage for a run at the August low (1817). If breached the next support zone comes into play between 1795/1785. A stabilization back above 1835/1845 area is needed to neutralize the short term negative bias.