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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (8646)	9/10/2001 11:33:49 PM
From: LLCF	Respond to of 74559

Yea, nothing like writing about a meaningless subject... anyone with 1/2 a brain would be chronicling the mania and write a book about that and the NEXT depression which is so obviously coming... smart writers probably are. What is it that spiritualist write about clutching to the past? DAK

To: Box-By-The-Riviera™ who wrote (8646)	9/11/2001 12:44:20 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

"St. Louis Fed President William Poole told the NABE conference the economy was suffering from too much production capacity in information technology and a recovery in the tech sector may take some time. The Fed can do little to remedy problems of specific sectors, he cautioned." COMMENTS: Now is official do not look to the FED to rescue the tech sector. Wow! It took more than 8 months for that to be said. "No one knows for certain whether the economy can escape an actual decline in real GDP but the fact that we have done so to date and that many adjustments are now well along suggests that we have an excellent chance of doing so," Poole said. COMMENTS: Which means that US government officials are not sure the tax cut and the tax rebate will help the economy. Besides, what Secretary of Finances Paul O'Neill in China -that the economy will rebound by later this year is BS. We are on our own from here down the slope.