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

To: TobagoJack who wrote (34556)	5/31/2003 8:35:02 PM
From: energyplay	Read Replies (2) \| Respond to of 74559

I think it will be a big, long kaboom - a movie call "China gets Rich' parts 3-7 Jay, I think you are being a bit too negative. The crash is a process, and some of it has already happend. THe BKs have occured, assests sold to new owners, fraudsters have trail dates sets, innocent already lost money, and are back to 'Bank of Mattress', wheat separated from chaff, new crop planted. I will be the dollar does not go under $1.55 per Euro - that's another 30% not 50% Somewere about $1.25- $1.30 will change the current account pretty quickly, but I expect some overshoot. I think gold will go to $430 -$520 (a big range) but won't go much over $650. The mining companies like NEM will double or triple in price, but that's about it... I guess my view of the bad times isn't someone in the hospital in intensive care after falling off a cliff, but more like a college kid who drank way too much and is now worshiping the porceilan throne and FEELS like they are going to die, but will recover in 48 hours...