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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: lightwave51 who wrote (14612)2/12/2002 2:25:40 PM
From: lightwave51  Read Replies (3) of 74559
 
Our predictions for the year will be based on fundamentals and the psycho-political aspects of economic, political and financial events. The DOW will end the year between 4,500 and 6,450. Gold will reach $500 an ounce. Silver will be $10 to $15 an ounce. The dollar will drop to 100 to 105. Bonds will decline and the yield on 30-year treasuries should be 6 1/2% or higher. Commodities may hold at all their recent levels, but chances are great that the support levels will be broken. We are probably in the biggest bear market of all time. You are about to witness the almost total destruction of the financial system accompanied by multiple foreign conflicts all over the world and revolution with in the US.

thespotlite.net
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