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Technology Stocks : Google Facts Zone

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Nov 10 3:59 PM EST

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To: Paul Chiu who wrote (3200)	3/2/2009 2:22:39 PM
From: Nancy	Read Replies (1) of 3618

IMHO, people keep relating bottom with a bounce - especially a V bounce - no one seems to ever entertain the idea that a bottom could simply mean we no longer go down verociously, and then we can flop around that area for weeks or months, before we mount a gradual recovery. It seems the mindset in general, still is biased to a sharp correction of a secular bull market that started from 1982 (and died in either 2000 or 2007, depends on the way one views it.) Anyone ever thinks about it could be like in the 60's? We have Global synchronlized growth in last 5 years, now we have Global synchronized decline - this time may finally be different, that there is no playbook in the past that we can go by. (No global synchronization in the past). I was amazed by Ishana (spelling?) on CNBC talked about C has been back to the 90's crisis level and implied C would recover. Well, back then it was the Latin America debts that did C in and it had Prince A to come to its rescue. Now who comes to rescue it when both Prince A and Singapore have lost huge as they bought in the what? 20's? We dont even want to look at the cause this time, is vastly different, and much more troublesome.

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