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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: tony who wrote (2251)3/5/2001 3:50:03 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 74559
 
LOL, I wouldn't go that far. But I think that Greenspan has completely altered the business cycle during boom time and hence naturally, a greater bust should occur.

Anybody who is calling a bottom while unemployment is at 4.2% needs to have their head examined, IMHO.

I say more like 8-9%. A lot of people disagree with my statements, when it's not like what I am saying is unprecedented. One need only look to 11 and 20 years ago.

But alas, "things are different now."