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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Mike Buckley who wrote (39064)	2/7/2001 3:19:58 PM
From: mtnlady	Respond to of 54805

I agree.. my memory is murky on recessions as well. What I do remember is trying to start my software company in 1990 - another recession if memory serves me correctly. By 92' it seemed we were coming out of it strongly. But those were my own personnel experiences. Actual macro facts would be good to have. What I DO know is that patience will be greatly rewarded this year. Patience for the right price to COME TO US (I am preaching to myself of course!! Lol!) and patience once you have made your purchase for the next bull market to emerge. Our newly minted G&Kings should lead the way.

To: Mike Buckley who wrote (39064)	2/7/2001 7:09:31 PM
From: Jim Pasinato	Read Replies (1) \| Respond to of 54805

Hi Mike, According to the National Bureau of Economic Research, we have had 7 recessions since 1945 averaging about 11 months in duration: nber.org Note that they do not define a recession as 2 consecutive quarters of negative GDP, but as a "period of significant decline in total output, income, employment, and trade" etc. Thanks to all for continued informative discussions. They have really helped me as an investor. I'll definitely follow you to the "bomb shelter" if needed. Regards, Jim

To: Mike Buckley who wrote (39064)	2/7/2001 10:15:42 PM
From: Rick	Respond to of 54805

<<It's been so long since we've had one that I don't remember. But I seem to remember that the average recession lasts about 9 months.>> That's what I remember also. However, it does depend on when the recession "ends." Some people say it ends when the economy is back to ground level. Other's (the one's who say they last 9 months) say they end when the economy turns upwards. That is, the economy can still be smaller than it was before the recession, just heading in the right direction. - Fred