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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Moominoid who wrote (23730)10/1/2002 11:49:14 PM
From: Maurice Winn  Read Replies (1) of 74559
 
<The collapse in property prices and recession since HK was handed to China in 1997 has made Jay pessimistic..... >

Gidday David. Read on... I admitted to leaving a screwy theory in place despite scientific evidence showing it was wrong. Namely, that Jay isn't pessimistic. Even more to the point, so far he was right and the stock markets have carried on down, down, down from Feb 2001. I am keeping an eye on the lifting hemline of GE, [J P Morgan, Citibank etc too] to see whether Jay was right and that they DO have hairy legs.

Get ready for winter!

Mqurice
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