Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (16907)	3/17/2002 9:33:52 AM
From: AC Flyer	Read Replies (1) of 74559

>>You are of course not disposed to be convinced, and so we will have to wait the three months, when hot air is no longer sufficient to keep the balloon aloft.<< Come on, Jay, you don't need a crystal ball to know that there will be 3 to 4% growth in 1Q, '02. Industrial production grew at a 4.8% annualized rate in February, for example. You can only ignore this by invoking the mystic incantation "he-do-nics" or by assuming that the data are manipulated by "them" or "the Government," which is flat-out paranoid. If you believe this then the best investment vehicle for you is a nice little wooden box full of bullion buried somewhere on Trinidad. :) In three months we'll be looking at a 3 to 4% 1Q and a 4 to 5% 2Q, stocks will be rising and the simple-minded optimists will be coining it while the doomsters are taking it in the shorts. This will be very hard to bear, imho.

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