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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: pezz who wrote (12357)	1/1/2002 5:11:15 AM
From: TobagoJack	Read Replies (4) \| Respond to of 74559

Pezz, what you see is terrible news, because if (a) folks are already spending like crazy, (b) building like nuts, and (c) filling up parking lots with new SUVs, then a further increase in economic activity can only come from increased capex. If the above current conditions that you have described has not and cannot stem the tide of profit declines, balance sheet vaporization, and unemployment increase, resulting in an aggregate loss on all indices, even when supported with the sharpest decline in short rates in living history, enhanced with fiscal bacon bits, and flavored with a war, may I therefore suggest to you that (a) we do not understand the monster we are facing, (b) casualties will be large in the continuing and confused melee, and (c) the prudent action may be to let the bullish lemmings charge on, filling in the cannon with lifeless organic matter, and fulfill the requirement for my described abracadabra. Chugs, Jay P.s. If you note the dates of my referenced posts, you will see that inferring what I reported and acting upon Gap would have saved some souls and their families some wealth.