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| subject: | Re: I predict: Recession this year |
From: "Raymond Chuang"
"Randall Parker" wrote in message
news:MPG.1335b15a679ea59298a0be{at}news.barkto.com...
> So the real question here is just how fast will the recession come on? Can
it start to bite enough in 8 months to make a difference in the election?
My guess is that by October 2000 both the Dow Jones Industrials will drop
into the 7,000 range, and the NASDAQ will drop into the 2,400 range. But it
will recover all its losses within 18 months. But if the recession hits
hard, by October 2000 the Dow Jones could drop as low as 5,000 and NASDAQ
as low as 1,750, and the losses won't be recovered for 24 months.
--
Raymond in Mountain View, CA
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