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To: UnBelievable who wrote (55522)1/8/2001 4:34:31 PM
From: chic_hearne  Read Replies (1) | Respond to of 436258
 
Who would really buy stock now with it becoming increasingly clear that the extent of the economic turndown is both greater than anyone thought even a week ago and no one has a clue as to how bad it will be and what the impact will be on corporate profits and failures.

UnB,

Maybe you need to get out more. -g-

I've been in work every day since the rate cut and the overwhelming consensus is that AG is going to save the market. These people aren't dumb, they just don't follow things as closely as the CFZ and only read a headline here or there. We're about 3-6 months ahead of the curve at any time IMO. I was 100% convinced a recession was coming a while ago and in about 2 months so will everyone else. Until then and probably forever, we will have to deal with a market that doesn't have the facts straight.