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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Mark Fowler who wrote (10228)1/1/2002 11:16:12 PM
From: Bill Harmond  Read Replies (2) | Respond to of 57684
 
I'm not too worried about any war with the US. I'm not worried about our economy, thought this recession was complicated by fear and uncertainty on two occasions which made it worse. The Fed way overdid it in both directions to begin with, too.

We saw the orders in our companies stop overnight. Networked economy closed up almost spontaneously, which will always be with us going forward.

To appreciate the enormity of what we had (and have), I made the same money in dollars (not that it's a lot) since the 2001 September lows, 3 months, than I did from the lows in mid 1994 until late 1997, three years. And those were great, but pre-bubble years. On a bounce!