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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Raymond Duray who wrote (24265)10/16/2002 6:16:15 AM
From: maceng2  Read Replies (1) of 74559
 
Delusional

Well, there is another likely scenario...everything falls off the cliff on the combination of poor financial reports and outlook, rampant dishonesty on Wall St, terror attacks, continued threat of war in Iraq, dollar weakness, falling houses prices, rising debt at all levels, increasing crime and civil unrest, job losses, and reduced spending by consumers. This will be accompanied by some well known firms crumbling into bankruptcy.

Why go through all that pain when Easy Al can just run up the spare printing press for a few hours a day? It will probably be a good idea to run it for a few hours a day from a maintenance POV. There is lots of money on the short side, and that wealth can be used up as USA patriotic fuel to save the stock market yet again. -g-

I doubt if the stock market will stay where it is for long.
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