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To: chic_hearne who wrote (55274)1/8/2001 1:04:07 PM
From: John Pitera  Respond to of 436258
 
Yep.... so is PDG a buy here at 9 now that it's come back
to it's 200 dma???

Heinz???



To: chic_hearne who wrote (55274)1/8/2001 1:35:14 PM
From: Joan Osland Graffius  Respond to of 436258
 
chic, >>Either way you look at it, the over 50 crowd will be a big contributor to the recession. Either they will slow spending to a point to put us in a recession or they will sell out of the market which will cause others to slow spending after they've lost a ton in the market. Probably a good dose of both is what's happening now.

You are correct. I am over 60 and my friends and neighbors, non of which need to cut back on spending are. Some of the contributors are: triple energy costs, declining paper asset evaluations, higher gas prices and inflation in local taxes and food.

This group of folks IMO is cutting spending big time!!!!

Joan