Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (22954)	8/21/2002 11:03:12 PM
From: SirRealist	Read Replies (1) of 74559

Maurice, you may be correct. Personally, I'm looking for 466-470, or 530 on NASDAQ, and sooner than most others are. I smell banking troubles. As to capitalism, I think it'd be a good idea, if we try it someday. My impression is that the 'free' market is really a socialistic enterprise, with the welfare flowing to the top (price supports, corporate bailouts, central bank fluidity pumping, etc). Between today's mkt peak and mid-November, the real meltdown will begin.... -Kevin

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