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limtex

08/11/04 1:32 PM

#282632 RE: head #282630

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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Zeev Hed

08/11/04 1:33 PM

#282633 RE: head #282630

You know, when your instincts and frustration tell you to throw in the towel, it is probably the worst time...