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To: Yaacov who wrote (120169)12/1/2000 5:18:49 PM
From: Road Walker  Respond to of 186894
 
Yaccov,

It's not a recession, yet. We still have 2%+ GDP growth. If we do get a recession, the market could go lower, could stay flat. Mr. Greenspan needs to act, otherwise (IMO) we are headed for a recession in the 1st half of 2001.

John



To: Yaacov who wrote (120169)12/1/2000 6:30:02 PM
From: Jim McMannis  Read Replies (2) | Respond to of 186894
 
Yacov,
RE:"across the board there is not one single sector that has not been touched by the crisis"

Big oil companies have held up rather well...one reason the DOW has held up relatively well. Also throw in AXP and GE...

Jim


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