Hi heinz,
Welcome to the Strictly Drilling II thread:)
Frank, Iso, Slider, George, Paul Shread, Roebear & others, have kept the blinkers off so they, (& by extension we lurkers), could see the negative long term picture that is developing in the economy.
so i remain a medium to long term bear on the market for now. it will take a long time to balance the excesses of the 90's bubbles, and the Fed's total rate cutting panic underscores how enormously serious the situation is. this is NOT, most emphatically not, your garden variety post WW2 recession.
Again welcome to SDII
Regards, Peter |