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To: reaper who wrote (176763)7/1/2002 5:40:19 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
<<the economy is in recovery NOW; the GDP grew 6% in the Q1>>

All that did was raise the bar for the 2nd half, looks like inventory channel stuffing time is just about done.

It may make Ed Hyman and company's prediction about low rates through the 2nd half come true though. I don't see the Fed doing anything here unless the dollar continues to crash (admittedly, a distinct possibility).

Nonetheless, I hope you like a double-dip for dessert, after you've finished yer MELT!<GGG>



To: reaper who wrote (176763)7/1/2002 6:19:35 PM
From: orkrious  Respond to of 436258
 
what "2nd half recovery" are you talking about?

I heard someone today talking about a second half recovery for 2004. I can't remember. I wonder if it was Cramer? <g>