Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who wrote (9170)	9/14/2001 2:27:03 PM
From: FR1	Read Replies (2) of 74559

It will be really interesting to see what happens on monday. There is a sort of grass roots thing going on with people like Kramer to get the public buying. You never know what it might lead to. The ultimate bears are saying the public will lock themselves in the house and eat dog food rather than spend a dollar. The ultimate bulls are saying unemployment is not that low (only a few years ago the popular economic theory was that 5% was full employment), and people will continue to spend out of patriotism if nothing else. Retailers are saying they are preparing for a bad Christmas. I hope that doesn't mean they understock.

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