Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: AllansAlias who wrote (47808)	12/14/2000 5:19:50 PM
From: pater tenebrarum	Read Replies (2) of 436258

i'm sure...unless they warned sometime in the early '90's, i may have missed that. Al Goldman just said the 'negativity will end quite soon'...bottoms being promised by every single guest on tout TV again today... remember, i said early on, actually at the end of LAST year already, that at some point i'm expecting a HUGE economic slowdown...because we're really replaying the 20's/30's in a way...also, 2000 was the first time ever that a broad consensus among economists called for extremely strong growth. i knew they'd be wrong AGAIN...first they tended to underestimate the economy during most of the '90's, and now they finally overestimated it. and while this is not discussed by ANY mainstream economist i know of, the huge private sector debt burden is the main culprit re. severity and speed of the slowdown. note: imo, when the first rate cuts come, we'll get our first multi month rally...my guess is from early Feb to early April...then it will imo become apparent that the cuts have no effect and the next round of selling will start.

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