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Post# of 704044
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limtex

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limtex

Re: head post# 282630

Wednesday, 08/11/2004 1:32:47 PM

Wednesday, August 11, 2004 1:32:47 PM

Post# of 704044
Very eloquently put. If the market is right then we are in an incipient recession and it then depends how deep it gets.

The Fdd as usual putting up interest rates in the teeth of recssion and increasing oil prices can't do anything else except make it an order of magnitude worse.

Maybe the market is wrong and will change its mind in the next few days.
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