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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Skeet Shipman who wrote (54429)	8/28/2001 8:26:32 PM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

With "The Coming Financial Collapse of 2001" surfacing in the top 10 today, it may have replaced the BK thread as a counter indicator??? BWDIK?

To: Skeet Shipman who wrote (54429)	8/29/2001 1:24:30 AM
From: Gary105	Read Replies (1) \| Respond to of 94695

the ecri index continues in negative territory indicating no end in sight for the recession. i believe revised q2 numbers will ultimately be slightly negative (if not next revision, then the one thereafter), with q3 decidedly negative - we are in a recession. as job cuts grow consumer confidence falls. re market, 13% earnings growth estimates for s&p are way too optimistic 7 - 8% is historic norm (figure 3% GDP growth + 2% productivity growth + 2.5% inflation)