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


To: stockman_scott who wrote (41048)9/7/2001 1:41:25 PM
From: Jim Willie CB  Read Replies (4) | Respond to of 65232
 
be skeptical of anything economists claim
- housing is firm
- we wont repeat Japan's course
- averted recession in the US
- unemployment will stop at 5.0%
- business investment will pick up in a few months
- recovery later this year

remember clearly what was claimed by them in early 2000
- internets were vapor, but mainline techs will remain strong
- later, takedown bodyslam destruction only in tech stocks
- economic soft landing (MY FAVORITE BULLSHIT PHRASE ALL TIME)
- weakness only in foreign economies
- strong dollar will not hurt US multinationals, nor exporters
- Dow will not weaken, only Naz
- telecom will thrive in order to recover its investment
- Dow 36,000 !!!

I prefer the ambiance of open fields, a horse to ride, loose hay in hidden places...
WHEN BULLSHIT ABOUNDS FROM EXPERTS

is anyone talking about the remaining bubble in real estate?
no, they will when it pops though
and try to say I TOLD YOU SO
tick, tick, tick

/ JW