recession fears, page-12

@dani78 - I definitely don't enjoy peoples pain... cause I’m one of them!! All I can do is laugh when people get excited about the dow rebounding 900+ off a 8500 low!!

@radaz - I bought at 1.18 and luckily sold during the July highs @ 2.55. I have a couple of friends at Citigroup that warned me about a slow down in IO demand after the China Olympics, along with a chartist prediction of the dow falling to 8400 (this prediction was made back in July!!!!). I will be back on the UMC train (hopefully their own spur) but at present I feel a little more comfortable in the diversity of my blue chips.

@Bush - I'm fully aware of the tech definitions:-) We all know that it was like pulling teeth to get the US to admit a recession based on twin neg quarters... so based on "tech def" US depression is knocking at the door. A 10% decrease in their real GDP will be to hard for them to ignore or whip up BS stories and then the world will be telling the US that they are in a depression instead of waiting for them to admit it!!

All food for thought!!!

PS GO UMC!!!!