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Re: sunpoop post# 29616

Thursday, 02/06/2003 4:37:05 AM

Thursday, February 06, 2003 4:37:05 AM

Post# of 93827
Quite a convincing argument.

"The economy will improve sooner than later."

"The stock market will pick up"

At the expense of sounding flippant, your words echo those of the sell-side analysts that have been championing a economic and market "second half recovery" since early 2001.

While I can neither deduce whether you are intentionally curt or simply ignorant, I can point you in the direction of a one Mr. Paul Kasriel, Director of Economic Research at Nothern Trust Corporation.

http://www.northerntrust.com/library/econ_research/weekly/us/021220.html

Hope, believe and have faith to your heart's content my irrationally optimistic one; by all means increase your risk profile, buy more and more "promising", "concept" companies. I'll continue to buy yield while methodically reducing my duration exposure.

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"I disagree with everything you say. But I will defend to the death your right to say it." --Voltaire

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