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


To: bobby beara who wrote (24809)11/27/2001 7:17:54 AM
From: Mike M  Read Replies (2) | Respond to of 52237
 
<<i suspect dow 10,000 was like dow 1000, and that the little throwover was part of the bubble, and we may trade sideways in a range for years like the 70's.

but a deflationery collapse, bank runs, dow 5000, $ devalution, that all the bears yearn for is an improbable goal as the naz going to 10,000 that some people were talking about in march of 2000.
>>

Well said, bobby. I suppose the answer to that will come from such nefarious incalculables as the resilience of the American spirit. Will people give up the fight or will they bounce back from inevitable economic setbacks. I happen to believe in our entrepreneurial spirit and trust that we will come out the other end the stronger for it.

In the mean time I doubt we have seen the absolute lows in the market place. I further doubt that expectations of bulls or bears alike will be satiated in the foreseeable future.