Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Condor who wrote (41503)	11/16/2003 11:45:01 AM
From: macavity	Read Replies (1) of 74559

Hmm. Condor. Like I send I just do not know where the bull market is. Like Jay said, maybe the indices I showed are all over-valued and deflating. Dow@777 what was the sentiment? "Death of Equities!" wasn't it? Not quite the same sentiment as China. I am not doom and gloom on China. I know nothing about it. All I was commenting on was that with all this next-best-thing talk, why are the indices re-testing their 2002 lows? The have lots of cranes in Japan and have had so for the past 10 years. It can be a sign of government sponsored projects. Good old Keynes at work. I am sure there is a bull market somewhere, just not in those indices. From what I can make out it is in commodities - soyabeans, copper, wheat etc - not in the shares. -macavity

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