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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: High-Tech East who wrote (83609)	1/2/2003 1:21:17 AM
From: tony	Respond to of 99985

>>>by next December 31, I see lower values on all the major U.S. equity indexes, a damaged treasury and corporate bond market (much higher interest rates), a U.S. dollar valued around $.70, much higher gold prices and significantly higher U.S. unemployment. I agree but I doubt dollar will devalue that much or gold will be much higher. If we go to Iraq who knows what will happen. All I know we will be stuck with 100-200B per fired Lindsay.

To: High-Tech East who wrote (83609)	1/2/2003 1:15:06 PM
From: Tom Pulley	Read Replies (1) \| Respond to of 99985

Ken, that's a gloomy outlook but you may be right. Given that you've been bearish since January 2000, your prediction carries some weight. How do you come to your opinion that there will be higher unemployment and higher interest rates in the future. My recollection of prior periods when unemployment goes up (and the economy is weak), interest rates come down. As far as "one or more moderate Republicans making a successful challenge against George W Bush in early 2004........does that imply you don't think Bush is moderate? (g) Tom