Fear Will Reign Fear Is Not Good For Stocks

Discussion in 'Trading' started by Point Man, May 3, 2003.

  1. taodr

    taodr

    Personally, I think the next year and half might just bring good if not huge profits for the non emotional estute trader. Bush and Co need to turn this economy around, in fact the world economy. While a lot of us think this is an overbought situation, being short without absolute awareness will be treacherous. The markets will be manipulated to extremes. Listen I aurgued when the war started that it was not about oil. Now I realize it IS ABOUT OIL" Clinton only had good years because oil even went below $10 a barrel. The Bush boys realize oil has to be below $20 a barrel for a few years. And also they are going to break OPEC. My thinking is there will be another small boom, who knows when. But then it is time to sell everything you own because the shit is going to hit the fan as they say. There has to be payments made on these huge borrowings, it can't go on forever. Just look at Japan and they HAD capitol.
     
    #11     May 4, 2003