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To: Dog Gone
Easy answer, I'm not for a long term market decline, but I expect it. This doesn't mean that I am expecting us to become like Russia or Korea.

There is a bubble deflating out there. It needs to be pricked. Just because I believe that the stock market is toast doesn't mean that I'm for the decline. It's just that I believe that the market is ready for a decline...

26 posted on 09/30/2002 6:47:07 PM PDT by rohry
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To: rohry
Fine, we're not that far apart. I think the bubble needs deflating, and I don't think we're done yet.

I do see a rally after a successful war, whether it's justified by economic fundamentals or not.

However, in the long run, after the market has returned to rationality, probably after that post-war rally I'm predicting, I think US stocks will appreciate. They will grow in proportion to the US economy, which I fully expect to continue to grow over the long term.

28 posted on 09/30/2002 6:56:54 PM PDT by Dog Gone
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