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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Oral Roberts who wrote (43396)7/3/2003 10:03:38 AM
From: Oral Roberts  Respond to of 57110
 
ISM of 60.6 well above. Just what the dr ordered for our jobless and profitless recovery.



To: Oral Roberts who wrote (43396)7/3/2003 1:14:50 PM
From: AugustWest  Respond to of 57110
 
What has been really been surprising to me is the number of analysts that as recent as last night and even this morning are saying what they don't want to see is a market that moves up too high, too fast.
suggesting that what we've experienced since october is not irrational given the market is forward looking and is now discounting a second half recovery.

it's just going to be a hard luck day come october when the realization hits the markets that there is not going to be a second half recovery.

you know we can talk until we're blue in the face
and that's not going to change anything.
markets are going to rise until optimistic investors are fully invested.
that's about the time the rug will be pulled out from under them.
but i can't worry about them.
i have more improtant things to do
like weed my dang garden!

sure is hot out there
just had to come in and cool off a bit here in the A/C.
think I'll drink another beer before heading back out.

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