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To: Mohan Marette who wrote (6687)9/10/1999 2:31:00 PM
From: sea_biscuit  Respond to of 12475
 
Mohan has been a bear for the last 2 or 3 years. Of course, there are more seasoned and better-known bears around -- like the Montana Grizzly Bear, the Georgia Peach Bear, the Chicago Honey Bear and so on. I remember that one of them is still predicting that the Dow will go down to 400 (yes, that is four hundred!). Some of those bears have become clowns in their own right. Of course, these bears were "born" many years ago. Mohan started just 2 or 3 years ago, and has plenty of time left! ;-)



To: Mohan Marette who wrote (6687)9/10/1999 2:42:00 PM
From: Cynic 2005  Read Replies (1) | Respond to of 12475
 
Got to go now. I don't trust those forecasts - much less Michael Dell's projects of stratospheric growth for his entity. Quickly - to answer your point, growth in an completely out of balance economy can not be sustained. Forget about gold standard - the naked truth about fiat-money based economy is illustrated in this article.
#reply-11196963



To: Mohan Marette who wrote (6687)9/10/1999 8:26:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 12475
 
Industrial output up 5.4% in July

THE consumer durables sector continued to support an industrial recovery with the index of industrial production touching 5.4 per cent in July, creeping up a bit from 5.3 per cent in June. Significantly, the growth rate in the corresponding period of the previous fiscal was lower at 3.4 per cent. (ET)