On Mar 26, 11:22=A0am, Doobie Keebler <kooper...@[EMAIL PROTECTED]
> wrote:
> 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
bzzzzzzzzzzzttt.... the economy has not performed... its bloated up on
hot air as real goods production has tanked.... bugus premise leads
to bogus conclusions. an 8,000 dow will only occur if sup****ted by
gross devaluation of the USD.... the dow, inflation adjusted will drop
90% imo
recovery will take multiple decades
Phil scott
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