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Technology Stocks : Semi Equipment Analysis

SOXX 285.23

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4:00 PM EST

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To: Sam who wrote (68743)	6/4/2015 6:48:55 PM
From: Donald Wennerstrom	1 Recommendation Read Replies (1) of 95594

Thanks Sam for posting the ECRI "pointer" to the article explaining their position as to why the expected recession did not occur as they predicted. We did talk a lot on this thread about the prediction , and I think for most of us, it did raise a lot of concerns. I know for me, it did make me very cautious because I did think the Fed was "driving the train", and I was concerned about when they would "pull the plug" so to speak. I did not stay out of the market totally, but in hindsight(always great to have) I should have been more "aggressive". It will be interesting to see where ECRI goes from here. Now that they have said their thinking has to take in the new environment of long term reductions in GDP growth as well as other factors, when will they make their new prediction of a recession? It is only a matter of time before we have one. We might not be able to predict when it will happen, but we know it will happen, probably sooner than later.

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