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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Joey Two-Cents who wrote (6452)4/7/1998 12:14:00 PM
From: McNabb Brothers  Read Replies (1) | Respond to of 18691
 
Can't believe they did not round that off to 100,000! Can you imagine a Big Mac costing $300!

Hank



To: Joey Two-Cents who wrote (6452)4/7/1998 2:20:00 PM
From: RealMuLan  Read Replies (1) | Respond to of 18691
 
<<Dow 960,000!!!!!

This logic has two fundamental flaws: 1) it has not factored in the baby-boomer bust in terms of cash flow in US stock market. As everybody knows that now the cash inflow is mainly from baby-boomers, so when they retire, then stock market will suffer the net cash outflow.

2) Asian countries' economy, including Japan, will not be in recession forever. And some day, they will recover, and at that time the money will flow to their stock market instead of the US stock market.

These are the two major reasons for the outperforming of the US stock market, and when they are gone, so will the bull stock market.