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To: chic_hearne who wrote (46966)12/13/2000 9:35:44 AM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<Things are really going to sh*t in a hurry>

But stocks are cheap, so they rally on the George victory. ggg

<because the Naz is the economy.>

Here's a sector rapidly becoming a larger part:

biz.yahoo.com

DAK



To: chic_hearne who wrote (46966)12/13/2000 9:38:29 AM
From: yard_man  Respond to of 436258
 
chic,

The fact is:

Thing went to h$ll in a handbasket two quarters ago --

you are right it had nothing to do with interest rate hikes -- but the Fed does bear some of the blame for earlier action/inaction -- folks are jsut waking up to it now because of the overwhelming need that they had to believe --i.e. because they have been living like things were only going to get better

I loved the headline on Yahoo today

Stocks Seen Higher on Tech Hopes

Below was all bad news about the slowdown (not PC to say recession, yet -- have to wait till after Christmas)

Hope is all bulls have ... it will be gone next quarter.
We haven't seen anything near capitulation -- it will come at much, much lower levels ...



To: chic_hearne who wrote (46966)12/13/2000 10:05:02 AM
From: Oblomov  Read Replies (2) | Respond to of 436258
 
>> Things are really going to sh*t in a hurry.

Not necessarily. We are correcting the liquidity driven boom-upon-a-boom of 4Q98 - 1Q00. This should be a short, nasty contraction in growth. The manufacturing sector is already taking its lumps... the service economy is next. Still , it's hardly 1930... more like 1990.



To: chic_hearne who wrote (46966)12/13/2000 1:56:55 PM
From: NOW  Respond to of 436258
 
Well at least Volker had the guts to say as much two years ago!!
AG just keeps re-iterating that he is not targerting the markets: yea right...What a joker...ng