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Politics : BuSab

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To: Jorj X Mckie who wrote (2780)11/24/2009 2:28:47 PM
From: Jorj X Mckie  Read Replies (2) of 23934
 
I haven't given a market outlook in a while...but I will give one now. And I am not even going to look at any charts.

The stimulus money is definitely beginning to funnel into the economy. I have seen some projects that are direct results of the stimulus money.

It will create jobs

And I believe that the economy will see some sort of recovery and that the stock market is going to go into another boom cycle.

And I believe it will all end in tears. Every bubble must pop.

The boom is going to center around the green projects. Which means that the emails from CRU will be ignored. They have to be ignored otherwise the green bubble will not inflate.

The irony is that I am making as much money on green projects right now as I am on "black" projects. My black projects are based on mining and primarily coal mining. If things go the way they are looking to go, I will make much more money on the green projects.

and

I am still 100% against the stimulus money and the green movement. Again, it will all end in tears. There ain't no such thing as a free lunch.
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