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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (37269)	6/2/2000 10:43:00 AM
From: Crimson Ghost	Read Replies (2) \| Respond to of 42523

heinz: I am hoping the market stays up today so that I can buy some bear funds real cheap in time for the big selloff I anticipate next week.

To: pater tenebrarum who wrote (37269)	6/2/2000 10:49:00 AM
From: BGR	Read Replies (2) \| Respond to of 42523

Heinz, That's called a slowing of the economy that was growing at 7%+ recently. Extrapolating that to a recession is the same as saying that all stocks will go to zero if they drop for a day. While, sadly, some traders on this thread do believe in. -BGR.

To: pater tenebrarum who wrote (37269)	6/2/2000 11:18:00 AM
From: flatsville	Read Replies (1) \| Respond to of 42523

>>>fact is you know nothing...we could be in recession by the third quarter.<<< We will be. No doubt in my mind. I printed out the following blurb and have it taped to my monitor as a constant reminder...<ggg> quote.bloomberg.com. >>>The Organization of Petroleum Exporting Countries has indicated it won't boost output when it meets next month, after raising production in April. Without more oil, daily world consumption will exceed production by 220,000 barrels in the third quarter and 1.72 million in the fourth, the IEA said.<<<