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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (5637)	9/3/2002 4:09:30 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

good summary for what ails stock market today (beats CNBC) just saw an inane interview of two jerkballs on CNBC one thought two factors weighed down stocks today 1. the professionals returning from vacation 2. upcoming 9/11 anniversary has investors worried how shallow how about multitude of factors pointing to recession? the article I responded to here got many factors on target but the picture being painted is one of at least continued pressure on stocks earnings, and most likely a resumption of the recession I thought the ISM report was the killer today we are slipping toward a recession the VW's are still in the trees it wont take much to shake them out, and onto investors a few fell out today, but hundreds more remain this is only the start of a severe nasty autumn in the next several weeks, we will see a return to reality but it will only be the next chapter any WallStreet fools still calling late July the bottom? a retest of Dow 7800 might fail this time around retests have often been confused with "successful retest" I dont think successful this time / jim (in west Boston suburb library)