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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?

To: MrGreenJeans who wrote (869)	3/21/2001 8:08:50 PM
From: marc ultra	Read Replies (3) \| Respond to of 10065

I saw the guy from the ECRI on CNBC and from what I recall his charts not only showed future inflation indicators falling off a cliff but future growth indicators were now looking like a recession was quite likely. I think the last time I saw him his charts had come to a fork in the road where one path was indicating recession ahead and the other path a possible softer landing. Today the chart had clearly taken the turn suggesting recession ahead was now likely. For investors maybe we should focus attention on what the implications of recession are at this point with a bear market already at hand. Can a recession lead to a greater than 70% bear in the NASDAQ? Seems unlikely but I never thought I would let myself get dragged into the worst part of the bear either. At least if we have a bear or the current almost bear in the Dow it should break the psychology of some who think there was no big problem except for those crazy tech investors. Marc