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Alias Born 04/12/2004

Re: haod3 post# 585

Sunday, 07/04/2004 3:50:21 PM

Sunday, July 04, 2004 3:50:21 PM

Post# of 12383
Haod, my investment guru predicts the markets are going to tank later this year, ushering in a multi-year recession. He cites the huge budget deficits, 550 billion this year, 7 trillion fed debt. Rising rates could pop the real estate bubble, it's already started, mortgage bankers are laying off folks. I expect a financial accident triggering a crash, probably from the currency arena. I'm still holding ENMD though, I hope she survives the crash