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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: Boplicity who wrote (10517)	3/9/2003 1:15:01 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 13815

then the normal ebbs in Sept and Oct. should be used as buying ops. I don't think we're going to get one of those this year if we continue in the war stalemate through May. Because all the capex purchases that companies are going to have to make (not just tech- everything) are completely on hold. Usually you have a robust buying season in the beginning of the year. So this year, if we get a recovery, is going to be backend loaded. I am also wondering about consumer spending, I think we are seeing the recession in consumer spending right now. Well, everyone I know has stopped spending. So why are the statistics so strong? I think we'll get a consumer recovery at some point, with these levels being proven as actually quite low. The fed makes it seem like the consumer is spending like 1999, I don't believe it. I guess I disagree with the fed in that I think we are in a double dip right now.