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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: fedhead who wrote (18493)10/10/2003 1:20:54 PM
From: Lizzie Tudor  Respond to of 57684
 
totally agree about market top but I don't think Bush has much to do with it... I'll bet whoever replaces Greenie will maintain the same free money bias. We are in no danger of inflation for the next 10 yrs minimum, in fact there is a deflationary bias and this means cheap cash. But irrespective of that, I went back and looked at the 83-86 period which was the PC froth and blowoff and to me this internet resurgence mirrors that action to a "tee". With the notable exception of retail stock euphoria and bust effects. They had it then, but not as pronouced... example Apple in the high 60s falling to 7s... back to 100. The companies that didn't make it like Commodore just went down.

I think we get a sustained multi-year market rally. Remember the dollar is super low now... soon it will start rising and that will help our markets too. OK that is my prediction, lets see who wins.