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Technology Stocks : Semi Equipment Analysis
SOXX 281.61+1.7%4:00 PM EST

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To: Return to Sender who wrote (880)7/29/2001 1:37:17 PM
From: Kirk ©  Read Replies (1) of 95442
 
RE: Are we in a Recession?

Do you follow the ECRI? Lakshman Achuthan, managing director of the Economic Cycle Research Institute, has a thread here:
suite101.com and
he will answer any and all questions there.

They are predicting a recession but they predicted it to start with Q2. Currently, he thinks GDP might be revised lower for Q2 and that could save their call. IF you follow the WLI, Weekly Leading Index, it seems to be predicting a possible Q4 recovery. Here is some info on WLI:
suite101.com
and this link gives a pretty good clue what they expect going forward:
suite101.com

You might want to subscribe to that thread and get updates when posted there. (just click the "Subscribe" button)

Hope this helps.
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