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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. |