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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: 16yearcycle who wrote (12244)10/25/2002 3:34:27 PM
From: Jeff  Read Replies (3) | Respond to of 30712
 
are you expecting another bubble run gene....?

cause this time it might be the opposite effect to a final blow out bottom....at least thats what everything is pointing to.....



To: 16yearcycle who wrote (12244)10/25/2002 3:40:41 PM
From: James C. Mc Gowan  Read Replies (1) | Respond to of 30712
 
Eugene, this article by Rogers puts that event in perspective, I believe.

jimrogers.com

No doubt, when the Fed wants to support the indexes, they have shown the will to do it. But earnings were not in a major decline, and debt was not the burden it is today.

Still think that a meaningful correction back in 1998 would have avoided much of this pain for the market and boomer retirees, that is now inevitable.

Lets see how far they can pump the market this time around.

James