To: Destructor
Good luck,
Don't look for a snap back. I'd say in most years you would probably get a good return buying in Oct and selling in Feb. Probably this year too as we will have a rally when the war "officially" starts. But this war could get violent in the USA so who knows.
I do know the perma bulls are getting trounced this go round. Never before have the markets pulled back in the face of increasing money supplies. Something odd is happening.
7 posted on
10/09/2002 1:42:03 PM PDT by
kinghorse
To: kinghorse
the beginning of the war will trigger a rally? ... I seriously doubt it ... oil prices will skyrocket initially ... if it's resolved quickly, then the market will experience a small rally ... there are too many unknowns ... but a jumping stock market when a war opens is not likely ...
11 posted on
10/09/2002 1:46:32 PM PDT by
Bobby777
To: kinghorse
"I do know the perma bulls are getting trounced this go round. Never before have the markets pulled back in the face of increasing money supplies. Something odd is happening."
Well, uhm...er...I am hedging that bet with Bonds, and Precious Metals,...but otherwise I'm real Bullish!
To: kinghorse
Yep,
something odd is happening. Long read, but worth looking at. Lots of teh same names coming up . . .
To: kinghorse
"Something odd is happening." It's called deflation my friend. And it is not odd to those who remember the speculation and credit binge that led to 1929.
52 posted on
10/09/2002 2:17:14 PM PDT by
fogarty
To: kinghorse
Never before have the markets pulled back in the face of increasing money supplies. Something odd is happening.Yes. It's like when you step on the gas, but get no acceleration at all.
But actually, this has happened before. We called it the Great Depression. I'm thinking we'll have to call what's coming the 'Even Greater Depression.'
59 posted on
10/09/2002 2:25:42 PM PDT by
sourcery
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson