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To: DAY TRADER who wrote (32476)1/5/1999 1:03:00 AM
From: Gary Walker  Read Replies (1) | Respond to of 164684
 
So now the US is totally insolated from economic affairs elsewhere?

The meltdown continues in Asia. That means deflation, that means cheap imports putting more and more manufacturing jobs/good jobs overseas. That adds up to economic slowdown.

The fed has taken interest rates down to the lowest levels in 40 years and the slowdown continues albeit an outright recession has been put off.

Manufacturing at a seven year low.....

The tape is on your side for now, but just the slightest break will cause DAY TRADERs like you to exit in a heart beat. There's already a lot of good news built into this stock.