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

To: IQBAL LATIF who wrote (35576)	12/4/2000 12:37:49 PM
From: PMG	Read Replies (1) \| Respond to of 50167

I feel the main point in our disagreement lies here: True, the growth rate has come down to a healthy sustainable rate of 2.4% The problem I see is that decline might simply not stop here. I think it's not unreasonable to expect it first to go to zero. NAPM as an early indicator confirms this. It has fallen below 50 which means economic contraction. If I thought we could just keep the status quo I would be convinced the bottom is in and be bullish like hell. But I think there is a lot of damage done which first has to be repaired. And when I see things start getting dynamic, I post what is my belief than rather hold it back, it's my input... Regards PMG