Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (68834)	1/23/2007 8:24:34 PM
From: Slagle	Read Replies (4) of 74559

Maurice, Greetings to you with my post #1000! I'm really beginning to wonder. The last USA recession that amounted to anything was back in 1980 and even that was just a hiccup. There are always storm clouds but they never seem to bring a storm. I see all kinds of troubling signs, but I suppose that a person becomes numb to these sorts of warnings, when signs never materialize into anything substantial. I read an article today somewhere quoting from a recent Lawrence Summers speech where he was drawing a comparison between today and August, 1914. A while back I bought some NZT, on nothing more than the chart and the divvy and so far it has been a good thing. A worrisome sign: A neighbor who is the branch manager of the local bank, a large regional bank, will not talk about anything to do with banking or the economy and this is a really big change for him from a year ago. OTOH I am located near a couple of the biggest housing bubble hot spots in the country and really things don't seem so dire. I have friends involved who are still doing fine. Slagle

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