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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Mao II who wrote (34119)10/3/2000 5:11:00 PM
From: Davy Crockett  Read Replies (1) | Respond to of 50167
 
Hey Mao, you are aptly named <gggg>

"...The entire economic climate is different. Company fundamentals are different. Inflation, government spending, employment, profit growth, productivity -- you name it. As far as the market itself is concerned, the only correlation between now and the 1973-4 period is that share prices are declining... "

IMHO this is very much like the 70's <LOL> Deja vu all over again???... Buy Gold <PHPI>

Regards,
Peter



To: Mao II who wrote (34119)10/3/2000 5:47:33 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 50167
 
Hi MAO II,

I believe you may have misconstrued my comment...<g>

Please let me explain... I never said the economic climate is like the 70's, I only said that today's selling reminded me of the 70's... there is a significant difference.... I generally agree with your economic assessment... today's economic environment is not at all like the 70's.....<g>

Best Regards,

GZ


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