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Strategies & Market Trends : Raptor's Den II

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To: CharlieChina who wrote (1668)2/25/2004 9:14:43 AM
From: Berney  Read Replies (2) of 3432
 
You have to be joshing!

I haven't been posting in some time, but just could not let this post go unchallenged. If you are a student of history, you would note that the market went up some 80% in the summer of 1933. In fact, we are tracking that bear crash very closely.

Thereafter, the Fed raised rates 3 times and the market gave up the 80% and more. We are clearly in the sunny skies of the eye of the hurricane. Nonetheless, all should recognize that this game will come to an end.

Of course, this is just my view from the swamp!

Berney
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