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

To: TobagoJack who wrote (66714)	7/30/2005 1:10:11 AM
From: elmatador	Respond to of 74559

"China depression" Estas loco? with a 300 million reserve army of people to be engaged in the economy!!! and they will built "entire new cities to be built with printed cash, and personal savings high"

To: TobagoJack who wrote (66714)	7/30/2005 1:19:27 AM
From: Moominoid	Respond to of 74559

OK, depression is perhaps too strong... It is pretty amazing how small the equity market there is given the size of real GDP. The real bonanza will be in supercycle wave 3 or whatever Prechter will call it, after the consolidation. I expect a correction in various markets in the rest of this year and then after that a mania is clearly possible and almost certain if I have the E-Wave count right. That's when all the people burnt in the 2000-2 crash decide they have to get back on board. Of course all predictions and forecasts and actions open to change. NAS 4000 in 2007 is not impossible IMO. Any US crap will go to the moon. Probably gold too. Oil weaker in that period. BWDIK