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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (36039)7/14/2003 12:09:16 PM
From: AC Flyer  Read Replies (4) of 74559
 
Hi Jay:

>>ACF Mike's return is primarily due to a rising stock market that has lifted his spirit<<

Well, it's true that my laissez-faire 100% long, boring value-oriented US equities portfolio is within spitting distance of its all time high, reached March 2002 or thereabouts, but...

What got me going again was a statement recently posted here that "US growth (is) fiction."

This thread carries a broad streak of economic zealotry. The zealots' fixed ideology is that the US somehow "deserves" a never-ending recession as punishment for its late-90s excesses. I am here to tell you it ain't so.

But go ahead, hold those gold stocks and sundry bearish positions.
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