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


To: TobagoJack who wrote (45558)2/3/2004 12:32:24 PM
From: Box-By-The-Riviera™  Respond to of 74559
 
oh



To: TobagoJack who wrote (45558)2/3/2004 6:07:55 PM
From: elmatador  Respond to of 74559
 
<<The Federal Reserve has helped create a mini-bubble, to alleviate the impact of the implosion of the maxi-bubble. This makes no secure basis for a sustained recovery. US stock valuations are not grotesquely high this time. But they are still very high. The bear market is not yet over. Until it is, we cannot be confident about the recovery.>>

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AC Flyer is going to be surprised that what I have been talking here for a long time indeed happened!