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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call

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To: Win-Lose-Draw who started this subject2/18/2003 1:02:04 PM
From: Softechie  Read Replies (1) of 11447
 
From: Jim Willie CB Tuesday, Feb 18, 2003 11:58 AM
View Replies (1) | Respond to of 13127

the six myths from the crash, most excellent, thanks Scotty
Myth #1: The consumer is two-thirds of the economy: as long as she is spending, we can avoid recession.

Myth #2: Lower interest rates and easy credit will promote recovery.

Myth #3: George Bush, Gordon Brown, Monsieur Mer and Signori Prodi and Tremonti are right: government spending can promote growth.

Myth #4: All tax cuts are good: those on dividends will drive equities higher.

Myth #5: We are staring deflation in the face.

Myth #6: Stocks always go up in the long run. The rally will start next quarter, or the quarter after that, or the quarter after that.

nice dig, jim
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