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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Robert New who wrote (76953)	5/13/2001 9:12:23 PM
From: American Spirit	Read Replies (2) \| Respond to of 99985

We just had a sudden recession. What are you guys talking about? Predicting a recession as if it's some far-off thing. We just had one! It's happening now. This is a recession. You're here. It doesn't get that much worse. Uh uh. This is the richest country in the world and all the money comes here. Imports-exports who cares anymore? Everything is going global. We are the consumer nation and 40% of our people are foreigners. Worry about Brazil's economy or something. Nothing going on now is any different than it has been for decades. So we need foreign oil. That's because we consume and burn. Jeez Loueeze. All you guys can achieve is to be a self-fulfiling prophesy. Everyone is ALREADY economizing and cutting back and down-sizing. In fact the down-sizing is almost finished. Priced-in, priced-in, don't fight the Fed. Pay the Piper? 3% interest rates. What's wrong with that? Doom and gloom. Depressing. Who wants to hear it? Not even true. Just some dark pessimistic guess. Pessimism is not the American Spirit. You must be a foreigner. gg