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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (46876)5/16/2001 3:22:33 PM
From: Charles Tutt  Read Replies (1) | Respond to of 70976
 
A "huge bear rally that takes up the entire middle portion of this year" is good enough for me. At what point does it get reclassified to a bull market?

Charles Tutt (TM)



To: Jacob Snyder who wrote (46876)5/16/2001 3:33:11 PM
From: michael97123  Respond to of 70976
 
Jacob,
So Greenspan is rebubblefying the economy in order to save it. In answer to charles' question it will turn into a bull market only if he is successful in fighting off slow growth as the norm for the forseeable future, high energy prices, and renewed inflation. I would say even Mighty Al will have a tough time doing this. Perhaps the best that can be hoped for is for 2002 to be a stagflation kind of year leading to a better 2003. But that wont save the market at the end of this year if the above becomes reality. mike