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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (4642)6/10/2001 10:30:00 AM
From: Mike M2  Respond to of 74559
 
CB, I have learned that market timing is extremely difficult especially with AGs surprise rate cuts. I can clearly see the continuing deterioration of economic fundamentals and do not expect a v or u shaped recovery at some point I expect stock prices to reflect the new reality that much of the productivity and profit miracle was a mirage. I can wait as long as it takes but I do expect the economic events of the next six months will bolster the bears case substantially. Mike


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