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To: Zeev Hed who wrote (25565)10/1/2001 12:03:16 AM
From: WTSherman  Read Replies (1) | Respond to of 25960
 
Zeev, me thinks that last week's rally will be very short lived. Nobody really knows what is going on with the economy right now. Company's that are traditionally "end loaded" in a quarter are going to turn in horrific results as the complete stall in consumer and business buying since 9/11 becomes apparent.

I think that talking about the current situation in comparison to past "cycles" may be a bit misleading. Where the future of both business and consumer demand goes from here is anybody's guess. One thing I can venture, though, is that whenever U.S. military action starts its going to cause another FREEZE in non-military economic activity as the volume of threats against the U.S. rises, new terrorist scares appear, etc.

It's a depressing thought, but, we're in for a very long haul...IMHO