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To: Victor Lazlo who wrote (54943)9/5/2001 8:00:07 PM
From: Proud_Infidel  Read Replies (1) | Respond to of 77400
 
We could well be on the starting line of a 3-yr or 5-yr recession.

And you are basing this on......? These threads are filled with gloom and doom rhetoric, but little of substantive value.



To: Victor Lazlo who wrote (54943)9/5/2001 8:42:57 PM
From: RetiredNow  Read Replies (2) | Respond to of 77400
 
I don't know, Victor. The signs say things are bad, but they don't point to a prolonged recession. They point to a boring sideways move for another 6-9 months and then a gradual recovery. Most people don't like that kind of move, but I think that's better than a full blown, drawn out recession. We'll see. I'm betting we see recovery signs by March at the latest. Then we'll have one more downturn in April and with spring, things will start to look better.