Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: isopatch who wrote (8723)	3/4/2002 2:52:33 PM
From: Sharp_End_Of_Drill	Read Replies (1) of 36161

Iso, >>>Sharp. Do you subscribe to the double dip recession idea?/eom <<< Yes I do. I think what is happening now is the initial glut of inventory has been worked off in a number of industries, and factories are seeing an uptick in orders based on that alone, not an actual recovery. I also believe in the profitless prosperity theory, where after we have recovered we will suffer for some time due to overcapacity. But, people love a good story - and it looks like the market is now buying in full throttle. How long will it last? Does this make what I think is an inevitable dip just that much worse? Sharp

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