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

To: runes who wrote (60973)2/26/2002 12:40:03 PM
From: Gottfried  Respond to of 70976
 
runes, you said >what really happened was that [consumer sentiment] spiked in January as we got the first evidence that the economy was starting to recover. Now it is clear that the recovery will be slow and consumer enthusiasm has returned to ho-hum.<

I think that's right on and I see that same behavior with stock prices at times: big spike up at first sign of improvement of the business, then a letdown when it is realized the improvement takes time.

Gottfried


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