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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: Boplicity who wrote (15583)11/13/2000 5:37:43 PM
From: RocketMan  Read Replies (1) of 65232
 
2200 is the ten-year bear bottom. I don't think we will see it, though, unless the Fed keeps their upward bias or even raises rates. If they do, look out for a recession and worldwide financial crisis. That would force the Fed's hand to cut, and we go up.

In the long term, it really does not matter. The U.S. economy has weathered really horrible situations -- wars, crashes, assassinations -- and this is not even in the "bad" category. One thing this bear market has forced me to do is to once again adopt an LTB&H strategy. I will trade the next mania, whenever it comes, and it will.
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