Forum Archive Index - February 2003

["Allan Potts" <ajp7079@excite.com>]

While I do not  present myself as an expert  on markets or their actions, I do 
have these thoughts.  Our (US) markets are still very expensive by historical 
standards.  I know of no rule where markets cannot go down for 4, 5 or even 6+ 
years in a row.

While I trust the possible upcoming Iraq war willl be short lived, I have no 
idea what the actual aftermath will be.  Since it is Chinese New Year, I'll 
reiterate the old Chinese curse -- may you live in interesting times.  I don't 
mean to curse anyone especially my country or family, but, we unfortunataely 
are living in "interesting times"  RISK is abundant in our markets sad to say, 
since I'm about 60% invested.  I guess what I'm saying is, don't be so sure of 
a simple formula, although I very much hope you're absolutely correct.

I am not professing to tell you where you are wrong, just to caution you that 
you MIGHT JUST be wrong and to tred with caution, as you should always do in 
the financial markets.  Ghung hey fat choy.  (not sure I got the spelling right 
since my chinese is a  little lacking.)  The Yank from California.

Allan 




 --- On Sun 02/02, Brent Keith < b.keith@paradise.net.nz > wrote:
From: Brent Keith [mailto: b.keith@paradise.net.nz]
To: sharechat@sharechat.co.nz
Date: Mon, 3 Feb 2003 16:52:55 +1300
Subject: [sharechat] Tell me where I'm wrong

3 years of recession,  +
Very low interest rates/returns,  +
Proposed US Tax cut's,  +
Resolution of  War.   =

BULL US market
and by default World markets

April?
May?
June?
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