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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Canuck Dave who wrote (41897)	4/1/2001 2:55:15 PM
From: ajtj99	Respond to of 56535

Dave, I think that scenario is more 2002 than 2001. The effects of the Fed's easing have yet to be fully felt throughout the economy - there is a 6-9 month lag time. That alone should tell us that a recession is more of a 2002 possibility than a 2001.

To: Canuck Dave who wrote (41897)	4/1/2001 11:30:57 PM
From: stormrider1	Read Replies (1) \| Respond to of 56535

Dave I disagree as to your bearishness to our economy here. I currently work as a supervisor for one of the top US trucking companies here, and what I am seeing is anything but weakness. We are working our terminal to the maximum, and are scrambling to find good help at high union wages. The guys on our dock are working an average of 60 hours a week. It might be an blip on the screen, but it sure doesn't look like one. If the freight business is doing well, recession just isn't on the horizon IMO. Mike