You all have to read this article, while agree with it that there will be no year end rebound, I doubt that there will be a summer rally of this magnitude, but it's possible that another bubble is created with all of the money flying around, be on your toes, IMO, we may begin another bubble:
``The bull market should be in a topping phase around October or November, which will probably be about the time that Wall
Street will realize the economy is not going to bounce back up and there will be a recession, regardless of what Greenspan
does,'' Hays says.
``Unfortunately, it will be a Fed-engineered market bubble,'' Roberge says. ``It will be a new speculative mania with new
money because the Fed wants to fight a recession rather than tackle inflation."
biz.yahoo.com |
