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bbgold: Pennies will be hot again during the

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Caradoc Member Level  Thursday, 08/29/02 07:39:30 AM
Re: bbgold post# 6397
Post # of 6436 
bbgold: Pennies will be hot again during the last year or so of the next bull market: say, 2006 and the first 3 months or so of 2007. Meanwhile, we still need the capitulation to mark the end of the current bear so that market can start up again on 12 November 2002. Look for the bull to begin (as bulls always do) with people buying dividend-issuing blue chips not for price appreciation but because the dividends are better than other liquid investments.

If you want to make it sporty, go with longterm out-of-the money options.

PS: My longterm prediction post in March of 2001 ( http://www.investorshub.com/boards/read_msg.asp?message_id=67086 ) had the bear ending in September or October rather than November. Sorry about that.



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