Re: Big down market tomorrow

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epd262

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Re: Big down market tomorrow

in response to

Big down market tomorrow

docepg

posted on Mar 02, 2008 04:37PM

Not only tomorrow, the market will go down 30%-40% from our present levels. It will not reach a bottom until the end of 09 or beginning of 2010. And I am not laughing. This will be on of the nastiest bear markets we have seen in a long time. We have had a 6 year bull market, longer than average. Well guess what? We will have a longer than average bear market to average it out. Do not be fooled by the 5% bounces along the way. The Fed has dung us into a deep hole and there is no quick fix. Until the Dollar strengthens we are in trouble. It will take time.

But on the bright side, even in a bear market there are a few stocks that go up. Such as PTSC will. Its up and coming cos with new growth bringing in alot of cash that will attract new investors.