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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: DlphcOracl who wrote (30653)2/17/2002 7:32:23 PM
From: At_The_Ask   of 99280
 
What youre saying may well come to pass.
The odds of course always favor that the "establishment" (ie. wall street and top managers of corporations) will manage to create some sort of cover up, avoiding jail time and added oversight. The status quo will probably be maintained. However there is the possibility that grandstanding congressman could turn this into a witch hunt. Also if average people and overseas investors realize that they are being taken to the cleaners then this will create an extended bear market like we have seen in the 70's and post 29. Sounds gloomy I know, but there is always a bull market for something. Maybe it will be oil, or gold, or bio or nanotech, if the dollar declines as I expect overseas markets will probably do well. Probably all of the above.
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