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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Haim R. Branisteanu who wrote (40175)10/25/2003 6:14:02 PM
From: James F. Hopkins  Read Replies (1) of 74559
 
RE>> fueled fears that a rout of the US currency could derail world recovery.
They are scared we may not have another bubble ?
I'm with the Buffet crowd that thinks the market is
still to pricy, let the dollar fall..& let the market
fall too this trying to prop up some make shift recovery
on borrowed money is for the birds.
---
Perhaps if we fall good and hard then we will get real
about digging out all the crooks who cooked the books
over the years and do more than slap them on the wrist.
We just haven't had enough pain yet to get serious about
punishing the wall street racketeers.
The SEC is just doing some damage control ( reluctantly
at that )..the whole system needs cleaning up, and
it won't get it if we don't really crash and burn.
Jim
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