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To: RobertHChaney who wrote (47318)9/30/2001 7:33:53 PM
From: limtex  Respond to of 54805
 
RHC - This is beginning to sound like CFZ thread. For what it is worth I don't think that it is going to take years or for that matter that the market is going to have to drop any further.

With interest rates about to go sub-3% and every prospect of them going further investing in money market is going to quite unattractive compared to stocks.

As for unemployment going ballistic well since 1948 is has only ever briefly touched over 10% in the early 80s. I doubt it will go that far again with the stimulus that has ben and is being applied to the economy.

Also we are only at the begining of another tech revolution and that by itself is going to be a huge growth engine.

Stil at the bottom one expects to hear all this ultra gloom.

Best,

L