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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: kodiak_bull who wrote (7462)	9/6/2001 2:04:25 AM
From: cnyndwllr	Respond to of 23153

Kodiak, Re: <<Fast Eddy--you say you don't see a catalyst to take these stocks (Naz) any lower? Lower earnings, slowing economy, slack demand for PCs, no killer apps, telecom implosion, investor scarring, tax selling, tax selling, tax selling, mortgage default rates, failure of successive rate cuts to encourage businesses to increase capex.>> Kodiak, my problem is that I don't see one that isn't pretty much a known suspect on the 10 most wanted list already. Lower earnings slowing economy slack demand for PCs no killer apps telecom implosion investor scarring tax selling x3 I grant you that these two could start a new crime wave: mortgage default rates failure of successive rate cuts to encourage businesses to increase capex I'm not saying that these can't drive the market lower. I am saying that I think the additional downside from these is much less than the potential upside in a hope induced recovery fueled by improving fundamentals in the face of rate cuts, declining inventories and lower energy prices. Ed, a member of the lost patrol. Low on food, discouraged, down to 3 members and trying to last until help arrives. Chopper us out Al G. Someday they'll write books about us.(gg.)