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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: CuriousGeorge who wrote (47094)3/30/2006 1:21:09 AM
From: DetectiveT  Respond to of 313662
 
CG,

Thanks for giving me more clarity as to why I have to be ready for a bad correction NOW. The info you posted is another symptom the unhealthy leveraged western economies. What is so scary is that things in the markets are very unstable and not fundamentally sound.
My simpleton perspective is that stocks in the general market are not cheap and currently and longer term westerner economies face big competition and adjustments driven from China and Asia. To top it off in the west the economies and their stock markets suffer the delusion that this (uncompetitive growth on debt) can continue ad infinitum. When the bill for the debt has to be paid there will be a rude awakening!

If you have not already read these, it is worth reading some recent commentaries from Van Eeden:
paulvaneeden.com

Thanks,
DT