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


To: yard_man who wrote (16524)3/21/2003 1:43:14 PM
From: J.T.  Read Replies (3) | Respond to of 19219
 
I am glad we can agree to disagree.

It always looks bleak at the bottom.

Just like in 2000 bubble-mania there seemed like nothing could stop the upside.

People have refinanced their homes 3 times in the last year. They have more disposable income. They are taking out second mortgages at 5 and 6% to consolidate credit cards at 18 - 20%.

I refuse to underestimate the optimism of the American consumer and entrepreneurialship of the movers and shakers in this world.

This is all tied into what is going on in the geo-political peace process in the middle -east as we get closer to the final Arab-Israeli peace accord that will soon begin to commence forward again.

I have mentioned this before, but my cyberbuffoon friends like patron anejo por favor, oldirtybastard and brucelroy mocked me with Nostradamus theories. No mas'.

I no longer wish to elaborate.

Best Regards, J.T.