Zeev's Turnips Patch-No Politics (ZEEV)

[mlsoft]

chainik...

No, but I certainly agree with him. I think Cliggot, Roach (Morgan Stanley), and Bernstein (Merrill) are the three best analysts on the street.

We are in recession, and it is going to get worse, not better. I see virtually no chance for an sustainable economic recovery in 2003 and 2004 is still in question, in my opinion. As for the market, a 4th straight down year appears to be unavoidable, with the likelihood of considerable damage being done. Like for the economy, I would not be willing to make a bet that 2004 will not be the 5th down year.

mlsoft