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 (41771)	11/19/2003 10:37:57 AM
From: macavity	Read Replies (2) of 74559

Methinks.... that 7% reported GDP and the 160,000 Non-Farm Payrolls was "The Hook". I see no broad equity market, currently in a secular bull market. Most are in cyclical bulls, but those Chinese indices aren't even in that. There are indices in secular bulls, but no broad-based country-wide ones. The current affection with equity is a result to the cyclical bull we are witnessing from Oct2002. Technically it appears we are closer to its end than its start. The Trade Wars are about to kick off very soon, thanks to elections next year in the US. We will see how enamoured people are with Asian Equity in a few quarters hence. I hope they enjoy The Bull, wheresoever he may go. -macavity

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