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 : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (11453)	8/19/2002 7:24:13 PM
From: Bruce A. Brotnov	Respond to of 16631

CNBC picked up on some "nutty (?) professor" who came up with "double dip recession" which no one bought off on yet CNBC repeated it 100 times a day for 3 weeks (except on big rally days) and now they are saying that maybe "double dip" was what it was played up to be. Only CNBC and a certain political party played up the "double dip" recession. Had we gotten Gore then we might have been able to call it a "double dip"???? LOL My unbiased opinion would say the turning point was in April 2000 (Clinton in office) after the reality of the internet bubble (no comparison to shorts trying to convince the world of housing bubble), rising oil prices (11 to 33 dollars a barrell) and the beginning of 7 interest rate hikes which the market apparently was right. For that would be a reasonable start point of the bear market and the recession (although technical definition has to delay it for 2 declining quarter, etc). We aren't out of the woods yet as long as the news continues to parage the Tices of the world with panic views of DOW 2000 to 3000, etc. Sorry for rambling, Bruce