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

To: Crimson Ghost who wrote (80331)	6/18/2002 8:32:02 AM
From: DebtBomb	Read Replies (1) \| Respond to of 99280

Housing starts up 11.6%, woooooooo, building permits up 2.6%. Cash going into real estate like mad. Sell stocks, buy houses, LOL.

To: Crimson Ghost who wrote (80331)	6/19/2002 2:33:40 AM
From: Psycho-Social	Read Replies (1) \| Respond to of 99280

As I've already mentioned, my leading indicators aren't really showing strength, so I also have doubts about the durability of any rally. I believe there will be some unusual aspects to the pre-election period, but can't predict exactly how things will turn out. Bush desperately wants to render Daschel impotent by picking up one more Senate seat. (He'd probably like to use a more surgical procedure if he could get away with it!) The Sept 11th anniversary and election day are crucial dates. I think Bush is going to punish Daschle and company by making them work on the anti-terrorism plan in August instead of going on vacation and starting their campaigning. The domestic fight against terrorism is going to continue to dominate the news flow and all the politicians are going to try to take the high ground as champions against terror. Question: Will the intense focus on a plan against terrorism and fault finding over Sept 11th keep the Market down, or will the fact that some constructive action is being taken restore our sense of security and propel the Market higher? That's the 64 thousand dollar question. In the middle of all this, my demographic indicators are negative into 2003, while the influence of an economic and business recovery is a positive. p.s. Good to see some carefully reasoned posts. There's been a lot of personally directed noise on this thread lately. One poster even told me I was "poison".