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Re: chainik post# 2658

Sunday, 07/12/2009 10:59:21 PM

Sunday, July 12, 2009 10:59:21 PM

Post# of 2663
c,
"What do you think? " i think our recession is worse than most think, no housing appreciation for years because of job insecurity and lack of job creation, inflation not a worry for years also, i'm hoping we don't pull in the stimulus, raise rates too soon for risk of a japan type lost decade. thinking quantataive easing will need to be around for longer than most think, people will save for a few months and then buy things giving rise to green shoots theory but they will remain green shoots for years, oil will come down plenty, cycical bull/bear trends large trading range, i can't think of a catalyst to propel animal spirits, rates can't go lower, credit will remain tight, e-business, info tech is old school, we're in for a long slow drag, like early 60's, hoping to catch a mild retest of lows, 800-850, maybe 700-750,
any comments to my ideas?

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