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Strategies & Market Trends : Mu Gamma Lambda
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To: HG who wrote (7136)9/17/2001 1:43:49 PM
From: Jorj X Mckie  Read Replies (2) of 10077
 
I don't know better than anybody else.

But, I am certainly taking defensive actions. (I am not talking stocks here). Are you planning on making any big purchases? Gonna watch the pocketbook a little more closely? Planning any international trips?

I believe that a vast portion of our population is going to slow down their spending. It is a natural reaction. That is reflected in consumer confidence...and it is going down.

The other part of this though is that in a week or two, we will probably settle into a more normal pattern and a lot of this will become part of the background. So maybe that will be shown as more complacency.
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