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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: JZGalt who wrote (5500)9/1/1998 1:09:00 AM
From: Jack Jagernauth  Read Replies (1) of 18928
 
Dave,

No one knows for sure how it will go from here, but I find it unreasonable to think that after 3 years, or so, of an unbelievable bull market, the decline will run for a few months and then we'll go back to continued 'exuberance'.

My take on all of this is that there will be sucker rallies for sure, and the decline will continue. It looks to me like the trend has changed and bottom could be a long ways off; look at how many years it took Japan to reach somewhere close to bottom.

Jack
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