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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (38744)4/11/2001 11:26:22 PM
From: Ron Dior  Read Replies (2) of 50167
 
In recessions what you guys have been prizing by that 'SOX goes to dog' market goes to hell saga

I still do not see a recession. I agree with you Ike that the evidence disproves such a label. All you here is recession, recession, recession. The economy is by no means dead and companies (even techs) are still making $$$$.

I ma suspecting htat I am little ahead of the market on my readings this was my read since this 'recesison spin' and now is the time to test it.

You are ahead of all the so called pros for sure. I will go a step further and add that I have yet to see proof that we were ever in a true bear market. There are to many arguments against it. Though I admit that I have never personally seen a bear market (just a young guy) all I have ever read and discussed does not parallel this market we are in @ present.

I feel the market has already put in a bottom several weeks ago and the best move is to buy and hold.

To bad I can't take my own advice... Now that's a whole other topic.

Ron Dior
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