Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (223162)	3/9/2005 8:09:01 PM
From: tejek	Read Replies (1) of 1573958

The facts are that the economy is growing at 4.4%. That says the economy is growing very nicely. Now I could get hit by a bus tomorrow and the economy could start tanking tomorrow too. Also, I acknowledge that deficits and oil are big risk areas. However, the indicators that matter are saying the economy is fine right now. Below is a comment made by an investor on the thestreet.com site.......a very successful one I might add who also is a very vocal supporter of Bush. I agree with his take on this economy and the markets. "We have a particularly ugly confluence of events hitting the market. Higher interest rates, increased commodity prices, inflation worries, a weak dollar, a plodding economy, a high level of bullishness and no market leadership in key groups such as technology, financials or retail. On top of that we have breadth over 2 to 1 negative and volume up on both the NYSE and Nasdaq."

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