Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Steve Lee who wrote (39514)	3/10/2002 2:20:09 PM
From: TREND1	Read Replies (1) \| Respond to of 99280

It seems to me some people thing they know more then Greenspan(g) Larry Dudash

To: Steve Lee who wrote (39514)	3/10/2002 4:54:25 PM
From: Jdaasoc	Read Replies (1) \| Respond to of 99280

"Now that the recession's over" The recession is over for the US economy from the perspective of job losses and GDP. Please fill us in about our American ignorance from your (a)broader perspective. <g>

To: Steve Lee who wrote (39514)	3/10/2002 5:14:25 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 99280

The recession such that it was probably is over. But the upside is quite limited IMHO since super-easy credit kept autos and housings booming right through the downturn contrary to previous experience. With interest rates surging, autos and housing are headed lower, not higher. If we had a had a real recession and bear market that had begun to redress the bubble distortions-- excess leverage, overvalued stocks, a persistent "mania" psychology, and a huge trade deficit -- the stage would indeed be set for a new bull market. But under current conditions a new sustained bull is out of the question IMHO. Will enjoy the rally while it lasts, but I still expect the lows to be tested next fall.