Ultimate Lifestyle Corporation (UMLS)

[NHPIPIXiPY$26]

Only one thing concerns me, though not very much....


I do believe we are heading into a multi year bear market. I called the 2000 to early 2003 market and the lows very well, this time, barring anything unforeseen, I see the absolute lows for the Dow in the upper 9000's and 1400 to 1600 on the Nasdaq. I think the worst will be from now till late 2009 when the recovery starts.

That said, I think shells are pretty much immune to recessions, not sure if the number of reverse merger opportunities are affected in such a market though.

I am pretty sure some of the more successful reverse mergers happened during the height of the 2000-2003 bear market as well, and there will always be large rallies and high volatility during this stretch. Plus I could always be wrong too. lol