Quote:
Originally posted by wig@Jul 2 2004, 08:11 AM
hehe I'm just a squirrel trying to get a nut like everyone else.
I am short the S&P now. Still think there is one more rally into year-end before it all falls apart.
After that, the next 5 years are going to be ugly for equities. IMHO
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Wig I am not sure you have ever been right.
The economy is strong - could you imagine where we would be if we were not fighting a major war and there were no threats to oil or from terrorism?
Unless something major happens from a terror attack or to the flow of oil, 2004 will continue to roll INTO 2005 - after that, I am not sure. Depends on who is President and what economic policies they try to install.
Serge, markets had short term rate hikes already built in. Infact if we do not have .25 point raise on a regular basis the markets will be dissappointed.