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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Terry Whitman who wrote (16537)8/25/2001 8:00:33 AM
From: isopatch  Read Replies (1) | Respond to of 52237
 
Hi Terry. Some sectors will deflate in every recession.

Far far too many people are talking about 1929 IMO.

Remember, the Fed wasn't flooding the monetary system at the highest rate in 20 yrs in 1929 or 1930.

Very few investors here have even been through a REAL bear market!

1990-1 was a baby bear compared to 81-82 let alone 73-74. Those are the comparison's to be looking at IMHO.

Plenty of deflation in the old leadership sectors of the economy and markets in those bears. For tech investors today? Sure, it's definitely a 1929 experience.

New credit worthy sectors that didn't participate in the previous bull market are the places to be looking to invest because they will appreciate in value and take over market leadership roles as Fed liquidity flows into them.

Iso's quotable quip for the day:

Fiat money is like water, it takes the path of least resistance.<G>

Isopatch