rock stuff or weird pics today. waxing economic. consider
this a public service.
these quotes are from well-known market commentators.
one is straight talk. one is disingenuous, sociopathic
horseshit from the distribution channel.
the market is sniffing out better times ahead....In
the spirit of fearless forecasting, I predict 4 percent
real economic growth in 2004 and 2005, with double-digit
corporate-profit gains for each year and only mild
interest-rate increases. Stock markets will rise nearly
50 percent from current levels, and by the end of
2005 the market averages will be back to the prior
peaks registered in early 2000."
months back, I stated that you could divide people
into two camps: those who understood that we had a
bubble and what it meant, and those who didnít. I
believe the people in the former camp have a chance
to succeed in the incredibly difficult environment
coming up, and the people in the latter camp are headed
for a tremendous amount of pain. On that score, I
think that before it's safe to be long in any kind
of size, the S&P 500 and the Dow Jones Industrials
will probably be at least 30% or 40% lower from than
where they are today."
decide which is which. the hour groweth late, again.
read some credible market commentary? start with fleck.