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Technology Stocks : WDC/Sandisk Corporation
WDC 181.44+1.0%3:59 PM EST

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To: limtex who wrote (18870)1/31/2001 6:14:37 PM
From: Road Walker  Read Replies (1) of 60323
 
limtex the pessimist,

re: "Given that this is no ordinary recession we now have to work out just how bad a recession it is going to be. How deep and how many years."

Given that this isn't a recession...
And given that there is very little inflation...
And given that there are retro-active tax cuts in the works...
And given that energy prices have peaked...
And given that refinancing of mortgages is accelerating...
And given that stocks always rally after two rate cuts...
And given that the FOMC seems ready willing and (most important) able to cut rates...

Why are you so pessimistic?

You may represent the wall of worry that the markets will climb.

John
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