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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (15727)	12/23/2001 1:33:42 PM
From: LTK007	Respond to of 99280

i extract this quote from above article as it centers on my central focus <<To lay the groundwork for sustainable economic growth, households may also have to move away from borrowing to rebuild their savings. Like companies, consumers added about $250 billion to their debts in the last year. The trend away from saving has been going strong since the last recession ended in 1991. Back then, the situation was reversed: private saving exceeded borrowing by about $360 billion. Saving could already be on the rise. In El Paso, Ms. Marquez said business had dropped in local restaurants. "People are staying home, they're saving their money," she said. >> end quote

To: LTK007 who wrote (15727)	12/24/2001 3:23:52 AM
From: Psycho-Social	Read Replies (1) \| Respond to of 99280

Economic Forecasting: It's always interesting to try to ascertain where the economy is headed and see if current stats show it where you thought it would be, but good economic forecasting doesn't necessarily make for good investment results. My research (such as 1yr Nasdaq Business Expectations) suggests that Markets tend to move up and down as expectations re the future move up and down. Making profits, for the short or intermediate term investor/trader is about buying when expectations are low, and selling when they are higher. Whether the initial or subsequent expectations prove correct is irrelevant to one's investment returns. By the time one sells, one still does not know if the expectations will ever be borne out. P.S. Wishing you a joyous Christmas and New Year's holiday!