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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (28393)	9/21/2001 4:36:56 PM
From: Rick Storm	Read Replies (1) \| Respond to of 30051

Zeev, There is no question that the contrary opinion indicators are lined up in a most powerful fashion; pc, new lows, sentiment, etc ; what makes a bottom so difficult this time is the now real threat of recession and some type of conflict. In my area, the malls are empty and people are afraid; christmas parties are being cancelled and i hear talk of money under the mattress. I know you feel that fiscal stimulus and interest rates will help turn the enconomy around; but, my fear is that the bottom will be pricing in a deep and long recession . Our way of traveling, spending and cost of business has yet to be priced in; I worry that oil prices could also be at risk. Do you have any turnip readings on a best to worst case scenario for the economy? thanks