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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: westpacific who wrote (76425)3/18/2008 12:41:37 PM
From: rcksinc  Read Replies (1) | Respond to of 116555
 
west
That doesn't happen until summer/early fall and who knows for sure. We are going to amp up here for a month or so. At that point lets see to what degree earnings support prices, the market will tell us in the April earnings period (mid april on).



To: westpacific who wrote (76425)3/18/2008 2:19:41 PM
From: RealMuLan  Read Replies (2) | Respond to of 116555
 
DOW 10K, that would be way too optimistic if the US suffers a prolonged bad recession or even a depression. I am not saying it will in a year or two, but it might.

And even the US escape a bad one this year, it most likely will suffer one within the next 5 years.

Unless, the US would have an inflation rate like Zimbabwe. The DOW may go to 30K (not adjusted for inflation<g>)


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