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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 142.62+2.2%Nov 21 9:30 AM EST
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To: Ian@SI who wrote (3972)12/20/1997 4:08:00 PM
From: LLCF  Read Replies (1) of 10921
 
Although I agree with your point about recession in the U.S. I do believe that when it happends it could be worse than many preceeding it because of that lack of expectation. ie. There are more small employers feeding off the current liquidity bubble than ever before. More people employed by these type or companies than ever before, socking their savings into stocks than ever before, and borrowing more than ever before to do it all. A couple of other observations about your points:

<1. Most of the US GDP is internal.> Has this stopped recessions in the past?

<5. Productivity from innovative use of technology continues to exceed both trend and expectations.> Hasnt this always been the case?

DAK
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