Replies to post #2651 on The Free Zone Board

[Indy708]

Mikj/Sassy Re: Just aquick query.

>>"Anyone care to answer"<<

Earnings reports, corporate profits, and a 600% increase in the June unempolyment #'s from a year ago. Those of you who know me from the PI board a year ago probably remember me predicting our current ecconomic dilemma.

The following is an excerpt from my response to Spallz on the day of the MS ruling. I'll stick by it. I do think there are some bargins out there right now though.

>>"As for the market response to this ruling don't you think it much more likely that it is responding to consumer confidence polls being slighty up for the 2nd month in a row, a continued strong housing market, interest rate reductions, coupled with this decision. Hell if the whole economy hangs in the future of MS, we're in deep voodoo doodoo. Upcomming earnings reports could put a damper on todays enthusiasm."<<