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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (89923)8/25/2009 11:10:24 AM
From: Real Man  Respond to of 94695
 
We'll see. This is 1907 Banking panic. 2003 was similar
as well, only tech bubble did not fully recover. While
1929 was different, the DOW/gold ratio suggests 2008 was
not 1929 at all, more like a cyclical recession for a longer
term bear market (in real terms) that was already in progress
since 2000. Moreover, that bear is scheduled to end some
time within 5 years. Leading economic indicators suggest somehow
the US recovery will be strong. I don't believe it myself, and
I am bearish inside, but that is my reading of LEI.