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To: MythMan who wrote (50712)	12/22/2000 11:23:46 AM
From: marginmike	Respond to of 436258

If no recession then I better cover my BKX.x shorts. There will be a recession, bet on it. The whole move the last two years was primarily created by Wealth effect. Now we will see negative wealth effect.

To: MythMan who wrote (50712)	12/22/2000 5:28:29 PM
From: Mike M2	Read Replies (1) \| Respond to of 436258

MM, wishfull thinking -no way do we avoid recession ( in SOIZE) The recession kicks in 1Q2001 - no way out we played now we must pay! mike

To: MythMan who wrote (50712)	12/22/2000 10:29:21 PM
From: yard_man	Read Replies (1) \| Respond to of 436258

expand on your theory -- it is different how can that many Naz $$'s disappear without changing the way people think about their spending, their money, and that not result in them making changes in what they spend and what they save? surely you would agree that the "economic growth" is precariously balanced on consumers' willingness to borrow and then consume. Do you see something else coming in to give a spark to economic activity?