OT--The Dow is up 30% from October '02...and the Nasdaq is up almost 70% from 1 year ago!
That's not what happened with the news of all the layoffs that started in
early 2000. The market dropped 10% that year.
"Harry Krause" wrote in message
...
NOYB wrote:
To all you doomsayers...
Put *that* in your pipe and smoke it!
The stock market has always been a pretty good indicator of where our
economy is headed.
That's why it shed 10% of it's value from January 2000 through December
2000...the year leading up to the recession.
The Dow usually goes up along with news of layoffs. It is a wonderful
indicator.
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