Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (25104)	11/6/2002 9:50:37 PM
From: EL KABONG!!!	Read Replies (1) of 74559

Hello Jay, Domestic (as in US), up first, then down. Foreign stocks, down and then up;0) My guess is like your own, but not quite an exact replica... I see US stocks rising, and then ultimately falling to much lower new lows, maybe as early as the first or second quarter of calendar year 2003. I see foreign stocks (foreign to the US) as falling at first, followed by a very short and weak recovery, and finally following US stocks into a money pit as the US consumer and the US economy together are unable to revive the global economies. After that, I see stagnation for quite some time... At least that's what it looks like for now. I see nothing new on the horizon to reverse the bear markets... KJC

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