Rillinois, I too want to get BB show this weekend and get his latest thinking on the situation. Its pretty clear now that we have corrected 10%, and there is reason to believe that the correction is going to continue...mainly, Japan, H.K., Asia, and now Russia. If these economies cave in, I think we are in for a bear market. At best, their economies stabilize, and the markets rally. Hopefully, to new highs. At that time, I guess its anyone's guess what happens next. As far as Clinton is concerned, I think the market's reaction to his "problems" will be short lived. Personally, I think he will get off the hook, and foreign confidence in our government/economy will return. This should pour more investment money into our markets...both stock and bonds.
Interesting week coming up.
Stock Bull |
