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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (1206)	1/10/2001 11:47:53 AM
From: Ryan Mak	Respond to of 6445

I wish ELNT could get back to 19 again <G>. I am more than happy to get some again at 29.

To: Dave Gore who wrote (1206)	1/10/2001 1:05:36 PM
From: greenehugh	Read Replies (1) \| Respond to of 6445

You are right in that there is more than one type of or force that creates a recession. 1.) An inventory recession and 2.) An asset bubble deflation. Both are probable now. Greenspan's target GDP will be missed to the downside due to the oil shock and the CA utility problems. Back in November, I was chafing at the bit to start building a LEAP's portfolio...now I will get much better prices. I vividly recall the '72-74 market. Better to error on the safe side IMO.