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


To: AC Flyer who wrote (16576)3/8/2002 12:57:07 AM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 74559
 
I think the central issue remains the US consumers and their confidence. We'll have to leave it to them.

dj



To: AC Flyer who wrote (16576)3/8/2002 8:34:14 AM
From: tradermike_1999  Respond to of 74559
 

>>I just don't see a big boom coming with these debt levels. Where is all of the demand going to come from? Not consumers...not real estate...where? As for the productivity - there is no productivity miracle, as I stated in my message that started this there have been larger jumps in productivty in US history so the current producivity gains are nothing unusual when looked at through the perspective of history<<
Ok, mike, so when are the economy and the market going to start following your script? The one with no demand, no growth and no productivity. Or is reality irrelevant when it comes to your dearly held beliefs?


I don't think they are going to go much of anywhere for a few years. Markets are all likely to be stuck in a wide trading range with mini bull and bear markets in them. But one probable stab at new lows this year....