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Strategies & Market Trends : The New Economy and its Winners
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To: fedhead who wrote (16540)4/4/2003 10:51:40 PM
From: techanalyst1  Read Replies (1) of 57684
 
The war didn't cause the bear market, that is right. The war didn't cause the economy to weaken in the first place, that is right too. But that doesn't mean that it won't start to recover this year or next. Eventually companies are going to have to start spending because tech equipment is going to start breaking and be more expensive to maintain than replace.

And if it doesn't, I suspect that Bush and Co. will throw every stimulus possible to encourage spending before the next election comes around.

There are companies and stocks in uptrends. Look at wdc. Hasn't been this high since 1999.

I think by next year, THE lows are in for good, but you won't believe it. And we'll see rising prices for 4-8 years or so and most of the bears will be crying that valuations are too high. They'll be wiped out covering their shorts, all the while saying the bear has far to go for whatever reason.

TA
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