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

To: BubbaFred who wrote (29013)	2/20/2003 11:51:02 PM
From: TobagoJack	Respond to of 74559

Hello Bubba, <<scenario>> ... I just cast another ballot for paper gold:0) Chugs, Jay

To: BubbaFred who wrote (29013)	2/20/2003 11:59:24 PM
From: energyplay	Respond to of 74559

Maybe a bit early to go for Rydex Juno, but might be an excellent play starting mid-year or fall. The Fed is expected to keep rates low until there is a solid recovery -but that could change if the US dollar falls. I use bear funds like RYURX and RYAIX to hedge my long positions in energy and busted utilites. The debt time bomb pretty much already exploded in Corporate America. Cleaning up most of the mess now, and expect credit ratings to go up. Some of the debt problem will be inflated away. The two sectors with real debt problems are SOME state governments (not all) and some consumers - again not all. There is a 90 Billion state government shortfall - 35 Billion of that is California, with 12 % of the U.S. population. A few other free spending states make up most of the rest of the 90. These states get to raise taxes and cut non-essential services. Some consumers are in a tougher situation, and will have to stop spending for a while, and try to work more. This will hit retail sales for a while. I expect most retail to be horrible for the next two years. The Federal government can print money, and needs to do so any way to fight defaltion. Once deflation ends, the economy better be growing, or there is a real problem - needs lots of the Rydex Juno in that case. Also gold, Euros, real estate, and tax lawyers.