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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (53451)	9/30/2001 3:08:42 PM
From: Ian@SI	Read Replies (1) \| Respond to of 70976

G., It was an observation made by a columnist. I believe he wrote in Fortune. And it would have appeared around 94 or 95. I don't remember his name; nor do I remember his precise argument; only the observation that the economists had to be unanimous in order for the opposite to come true. If even one disagreed, the outcome couldn't be predicted. I suspect that it was more psychological than empirical. e.g. - When all the gurus are bearish, you can be sure we are about to embark upon a bull market. Sorry I couldn't be of more help. Ian