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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Compadre who wrote (48349)3/26/2004 10:35:12 PM
From: LTK007  Respond to of 52237
 
<<The truth is that I am not convinced that this economy is so great just yet.>> Believe me it isn't. I am VERY bearish longterm.
When i say i am calling for likely new highs for this late spring(area zone only), i mean only new highs from the highs set earlier this year.
So when i then say those highs, those specific highs will the Multi Year Highs.
I am sayng they will not be seen again for at least 6years.
George Soros has announced 2005 as the year of The Bust for the U.S. economy and equity and bond market, regardless of who gets elected in 2004.
My view is my independent view but i just throw Soros in to give my view some support:)
Soros is the best Boom/Bust predictor, on a country by country basis, in history imho.
One caveat, matters will get so bad that the U.S. may have no choice but to do what Japan has been doing for near 14 years, that is by supporting the market by buying stocks with Public Money.
But this will just lead to a downward trending rollercoaster as Japan went thru for 13 years.
Has Japan completed its Bear Market???? Not my area, let others chime in on that. WellesLamont:)