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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: High-Tech East who wrote (16180)2/7/2003 3:42:51 PM
From: Harpo  Read Replies (1) | Respond to of 19219
 
<<Where did all of these "talking-male-heads" on CNBC ... the announcers, guests and especially brokerage house commentators and writers learn how to lie so flagrantly, easily and believably ..>>

Law school?



To: High-Tech East who wrote (16180)2/7/2003 3:45:01 PM
From: High-Tech East  Read Replies (1) | Respond to of 19219
 
As I have said many times before, the U.S. economy is "toast" for 2003 and many years to come.

I strongly recommend the new book "Tomorrow's Gold" by Marc Faber ... he is right on target, as are ContraryInvestor.com and Stephen Roach.

A quote from page 18 of "Tomorrow's Gold" ... " I would argue that the greater the mania in one stock, or entire market ..., the more likely it is that a burst bubble creates a permanent shift into another asset class. Therefore, I am inclined to rule out the Nasdaq and the S&P 500 as an asset class that will provide future leadership ... similarly, Western Europe stock markets ..."

I'm not hedging my words anymore ... <g>

Ken Wilson