Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: mishedlo who wrote (119216)	9/1/2001 4:34:11 PM
From: yard_man	Read Replies (1) of 436258

It would take a massive inflationary policy to do what Gem-x forsees. If he is even half right you would do well to buy gold futures and nothing else ... Nasdaq 3700 by next year is so slim as to be impossible -- the Fed will panic, but it won't be enough to give that kind of retrace. I think we have two possibilities 1) Complete washout beginning almost immediately and a very large retrace from much lower levels 2) A false double bottom just above the lows which carries into next year for the main event ... Everyone expects and is positioned for a bounce next week. We go down -- either to new lows or very close to them and the BK is postponed for a couple or 3 months.

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