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


To: Box-By-The-Riviera™ who wrote (19207)5/20/2002 8:57:49 PM
From: TobagoJack  Read Replies (5) | Respond to of 74559
 
Hi Joel, I am at the airport waiting to head up North to the capital of the Middle Kingdom.

On AC's predictions, I expect it to be as before ...
(a) The economy is fine for the next 10 years until demographics kick in the inevitable;

(b) The market of stocks, in to LT, always heads up, until 10 years from today;

(c) All the world's accumulated problems, like built-up of heavy metal in tissue, has been cleansed by the telecom bubble; and

(d) Beside the telecom bubble, there are no other.

See, when someone knows he is right, he does not have to change opinions, unlike Maurice, who recognized the error of his ways and sought shelter of darkness in the Q of time.

Me, I stay with my optimistic forecast, Nasdaq 900, DJIA 5000, 10-yr Treasury strip interest to maturity 15% annual compounding, gold 1600, oil 50, and ... oh, you know, wars of the type where for one side it is personal and perpetual, and for another, matter of patience and resources, will end, eventually.

At that time, Maurice's Q-world will finally be Q, and then we go into AC's demographics driven downturn, correction, and selling frenzy.

Chugs, Jay