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Strategies & Market Trends : Take the Money and Run

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To: Dave Gore who wrote (12962)	8/5/2002 11:06:34 AM
From: AugustWest	Read Replies (1) of 17639

Granted, if housing doesn't blow up we could see a sustained consumer spending spree as we have seen for the last ten and more so, the last five years. But bottom line, this house of cards is being held up by consumer spending. AND theyare going deeper into debt to spend that money thatour government is telling them to spend. Talk about leading the sheep to the slaughter house. <<Again, things are EXPANDING ---- >> That reminds me I forgot to hit on your manufacturing index comment. Yes it is still over 50, but it shrank considerably from last month. <<Double dip? ---- Nah, it won't happen>> Dave, it's already happening. We just don't have the data yet. IMO of course.

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