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To: Paul Fiondella who wrote (42586)	12/17/1997 5:56:00 PM
From: Diamond Jim	Read Replies (1) \| Respond to of 186894

Paul, In 1929 were things so bad that you stopped driving your car and walked for transportation ? jim

To: Paul Fiondella who wrote (42586)	12/17/1997 7:05:00 PM
From: Road Walker	Read Replies (1) \| Respond to of 186894

Paul, re: "We should get the recession in any case." I also predict there will be a recession, thats very easy to do. The hard part is to predict WHEN there will be a recession. Since the GDP grew last quarter, and appears to be growing this quarter, then the first time we could detect a measurable start of a recession is July, 1998. Paul, lets be specific, is your recession starting this quarter, or do you predict next quarter, or do you just believe there will be a recession sometime in the future? John