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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: werefrog who wrote (53739)12/3/2000 2:07:07 PM
From: Harvey Allen  Respond to of 74651
 
James- I still say we get our traditional year end rally and move into the "January effect". After that, who knows?.

Harvey

However:

New president may confront recession

President Clinton may be taking more with him than his suitcase when he leaves the White House on Jan. 20. His amazing run of luck with the economy seems to be disappearing as well, right on cue with the end of his second term.

That means that his predecessor, either George W. Bush or Al Gore, will have to navigate stormier seas. Some forecasters are even worried about a recession next year -- a problem Clinton never had to confront as he presided over a record stretch, now in its 10th year, of uninterrupted economic growth.

"How ever one looks at it, the economic data recently have been quite negative and the possibility of a serious hard landing is rising," says Allen Sinai, chief economist at Decision Economics in New York.

salon.com

Just the perversity of the market to rally now.



To: werefrog who wrote (53739)12/3/2000 2:21:24 PM
From: Valley Girl  Read Replies (1) | Respond to of 74651
 
Thanks to all those who responded. Guess I'll keep my powder dry, though I'm now regretting my purchase of a few weeks ago. Sigh.