EMC How high can it go? Message Board

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Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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To: JDN who wrote (14615)	10/8/2002 4:54:03 PM
From: Lee	Read Replies (2) of 17183

JDN, Can't argue that the stock market swing is bad. However, as far as the economy and recessions go what we are seeing is longer cycles that tend to not be so high at the high or low at the low. Its like taking a wave chart and elongating it. The time between peaks and valleys gets longer but the peaks are lower and valleys higher. What you have is the precise definition of smoothing out the business cycle. In the end people like long expansions, but prefer the pain to be sharp but short. We can't have both so the duration of the recession gets longer as does the length of each expansion. Lee

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