The next recession will be late 2001/early 2002 and fully developed by beginning 2003. Ive already adjusted my investment portfolio. Look for the start signals in the NYSE and Euro trade. The crap in the ME if not solved will bring it on earlier with higher crude prices. And be bloodey careful because this ones going to be quite a doozey!
My advice is stay out of Internet stocks and IT as a whole. They will take the biggest plummet. Stay out of Oil and Commodity Futures and get into gold and forex. Asian markets are predicted to be the least hit.