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Strategies & Market Trends : William Fleckenstein's Market Rap

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To: ChrisJP who wrote (4)9/13/2001 11:45:40 AM
From: Bill F.  Read Replies (3) of 28
 
the stock market and economy have been at risk for some time due to the bubble that occurred...once we allowed the bubble to get out of hand,it was preordained that we would see serious economic/financial troubles..the horrific tragedy that occurred is NOT the reason that stock prices will ultimatly decline a great deal...the bubble was/is the financial problem....turning to the human tragedy of the last few days....IF we are able to(and i am hopeful we will be ) root out the terrorists as a consequence of these sickening events then there is even some chance that the world could be a better place rather than a worse one down the road,i am optimistic on that score.
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