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

To: TobagoJack who wrote (64611)6/5/2005 8:15:44 AM
From: elmatador  Read Replies (1) | Respond to of 74559
 
Macavity chose a poor term perhaps not thinking too much about it. I agree with him:

The arrow of deflation with its consequences:

Japan -> Germany -> US/UK -> France/Italy

Just plain painful ajustments.



To: TobagoJack who wrote (64611)6/5/2005 4:32:10 PM
From: macavity  Read Replies (1) | Respond to of 74559
 
One that boils its frogs slower than most - exceptionally slowly. :0


In the middle of bull markets, corrections (counter-trend moves) are typically short sharp movements associated with extreme emotions. The bull moves are slow gradual and grinding. This is how I see recessions in a secular bear.


-macavity


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