Trading the markets..... Message Board

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Pastimes : Trading the markets.....

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To: GROUND ZERO™ who started this subject	7/20/2001 6:43:01 AM
From: Moominoid	Read Replies (1) of 4583

I presented my NASDAQ/dollar scenario to my friend from the Department of Industry this evening at the Labor Club (BTW real cheap beer, ANU economists hang out there too, about $US1 for a 15oz beer). I try to figure out what they are thinking inside the department even though he won't tell me outright. He bought into my USD scenario though NASDAQ=1000 seemed too outrageous for him. But my timing around Jan-Feb 02 for the stock market bottom, made him say "people are expecting the US to be in official recession in the first quarter of 2002". By the way, Jan-Feb is 9 months from the April bottom... I based it on the same slope from the Sep 01 top as the big wave 3 down from Sep 00 to Apr 01. Everything is falling together.... I probably couldn't be more wrong <g> David

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