On Mar 26, 1:07 pm, qwest602000 <qwest602...@[EMAIL PROTECTED]
> wrote:
> lets face it.
> this whole economic system is going to collapse
> hey, 10 years if we are lucky
I'm not that pessimistic.
There's an unknown amount of bad news not yet priced into this market.
Depending on just how bad that news in, we might see the DJIX take a
digger to 8k, then range around 10k for a ~year before extending any
gains.
Or,you can ignore the risk and party like it's 1999 with Freddi and
the gang...
http://www.businessweek.com/1999/99_39/b3648125.htm
some excerpts:
"... there are perfectly good reasons why the stock market has
performed so well all these years. The extraordinary economic backdrop
includes a booming economy, low inflation, rising cor****ate profits,
low unemployment, and, perhaps even more amazing, a U.S. federal
budget surplus... "
Of course, this was written Sep 27, 1999 (prior to Bush taking office)
" a U.S. federal budget surplus... "
Ah yes.. the good old days, when a Democratic President ran a budget
surplus, and we lived in peace and prosperity.
..
..d
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