Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Box-By-The-Riviera™ who wrote (139985)	12/22/2001 7:14:40 AM
From: Earlie	Read Replies (2) of 436258

Joel: Good to be back. I can't remember when I have put in as much time out in the field as I have this selling season, but I wanted to be very sure of my perceptions before moving back into the market. While the general mood out there is upbeat (largely as a result of the amazing results achieved in the war on terrorism, I believe), nevertheless, the economy continues to erode at a nasty pace. Greenspan can delay the roll-over but he can't steer around it. The economy's left breast is well and truly into the wringer and we are going to pass through that debt-reducing device sooner or later. Most stock market participants have kept their heads deep in the sand, hoping for a return to the excesses of the past. Unfortunately, the economy's continuing slide ensures the opposite. As noted before, until the lay-offs stop, there is no possibility of an economic reversal. Best, Earlie

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