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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (48218)	8/15/2000 10:05:07 AM
From: Arik T.G.	Read Replies (1) \| Respond to of 94695

I recently became even more bearish as I started thinking about global repercussions of the next great depression. It seems to me that the possibility of a mass destruction weapon (Atomic, Biological or Chemical) being released by a terrorist group in the next 10 years is well over 50%. Imagine a small Atom bomb released in lower Manhattan, just like the car filled with regular explosives eight or so years ago. But that's not going to be a trigger, just another point of escalation in the changes the next great depression will bring. We will see SPX 400 somewhere in the next 5-10 years, IMO that's the minimal target, and we could bottom as low as SPX 150, for we first must overshoot to the downside before a new bull can rise from the ashes. ATG