Well, I for one do not see a good future in stocks at the moment. This is a wishful thinking rally. I do not know what world other investors live in, but in my world unemployment is high and jobs are hard to come buy, tons of people and companies are buried in debt, deficits are higher then ever and after funding the Iraq occupation I may be using $1 bills as toliet paper because of hyper inflation. To make matters worse, the Fed continues to lower interest rates preventing any deflation. Say what you want about deflation fears, but the effects of falling prices in rough times like these would do much more good than harm.
So, I see the Dow losing 1000 before the year is over.
On a final note, for those that hand pick stocks, there are always winners out there if you can find them.
jeremy806
So, I see the Dow losing 1000 before the year is over.
On a final note, for those that hand pick stocks, there are always winners out there if you can find them.
jeremy806
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