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Re: thepennyking post# 1851

Monday, 07/16/2001 8:10:03 PM

Monday, July 16, 2001 8:10:03 PM

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I have noticed that the equity markets tend to over react to everything both ways. It's really only paper anyway. I was speaking more on economical terms. I.E. Industrial production. It seems that the only thing holding up the economy in the U.S. is consumers. This can't last forever but the charts look good to me. The COMP seems to have found a base at 2000. Seems I remember something about a massive influx of defaults on loans is expected in Japan and to a lesser extent Europe. I'm not sure if this has anything to do with the weakness of the Euro. I was just wondering if you had any thoughts. Guess I'm just picking your brain and trying to learn something. And you are welcome.

BTW- I have been saving all my pennies!

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