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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (30061)	2/2/2002 10:49:24 AM
From: John Madarasz	Read Replies (2) of 209892

The underlying fight is about recovery. The bears are looking for a double-dip and the bulls see us turning the corner. Excellent essay this week... zealllc.com Have a great weekend. "Jeff Immelt, the CEO of the largest company in the world, General Electric, said on January 28th in a speech at Brussels, Belgium that the US economy is not likely to begin improving until 2003. Immelt said that analyzing past patterns of business activity in GE’s many cyclical businesses leads him to believe that no recovery is imminent in 2002. "

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