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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (15613)12/22/2001 1:18:31 PM
From: Jdaasoc  Respond to of 99280
 
the first dip and second dip

I find it hard to believe that the second dip will not happen since if within 6 months all the outwards signs of this recession, unemployment increases, consumer spending declines, absence of capital spending and disinflationary pricing, do not abate their recent trends, the current public perception that "the current recession has less then 6 months to go and sustainable recovery will be in place by then" will ring hollow. This sort of follows the previous accepted public consensus's over the last two years that tried to deny that a recession was a strong possibility.

A second dip in the market should solidify the public's acceptance of a more realistic recovery scenario that the recovery will be slow and arduous.