Semi-Equips - Buy when BLOOD is running in the streets! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 166.37

+4.4%

Nov 10 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Cary Salsberg who wrote (10554)	7/31/2002 9:22:14 AM
From: Jim Willie CB	of 10921

economists remain consistent: wrong by 120% in Q2 GDP once again providing continued evidence of my claims the profession is politicized, uses faulty assumptions routinely marketwatch.com same old same old economist consensus for Q2 was 2.4%, with actual at 1.1% very typical I have said 1000 times on these threads economists are the worst practicing statisticians among a dozen types it is amazing that so many people pay attention to what they have to say revision for Q1 was from 6% to 5% worse still, much of the 5% was from govt spending on war materiel and airport security systems try that in real business and you get fired within a year CAN ANYONE SAY "DOUBLE DIP RECESSION? next we get the falloff from wealth effect reduction in consumer spending which has been improperly minimized for the last few months as Stanford's Tversky reported 30 years ago, the "asymmetric wealth effect" hits much harder with losses than gains so we have the idiotic press/media trying to tell us now two ridiculously incorrect things now: 1. the stock market will CATCH UP to the economy (they have yet to learn that stocks are a leading discounter) 2. the wealth loss effect will be inconsequential (spending will be considerably lower than rosey "forecasts") I say both are wrong expect job loss announcements in the next several weeks to accelerate just when more bankruptcies are announced and probably when shareholder lawsuits pick up in earnest / jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next