Zeev's Ideas

[Koikaze]

ZEEV, ROAD MAP - up to ZEEV:354953, 02/06/05
Wecus has a chart of Zeev's ROADMAP on the ZEEV'S ROADMAP CHARTED Board (#board-2299).

The ROADMAP chart is updated through January 21st, 2005

01/29: (351164) (*COMMENT*)
Zeev: does your grand vision of the market down the road suggest when we could get out of low 2,000 NAZ to high 2,000 or even low 3,000 before the end of year 2010? It appears there is always something to suffercate the sprouts of positive market sentment since its collapse in 2001, e.g., corporate accounting scandals in 2002, Iraq war in 2003, oil crisis in 2004, Iraq election in 2005, .....there is no ending in sight.

The reason that I am asking 2010 yr is because baby boomers start to retire and need to withdraw money from their investment in market and could impose a huge inbalance of supply and demand. Based on this scenario, I don't think we ever be reach NAZ 5,000 until yr 2050 or later. What do you think?
(*END*)

I don't know how to answer that question, the Nikkei is still down 70% or so from its peak in the early 90', 15 years later, no reason the Naz, which is over inflated will not take 15 years to get back to those lofty highs. I would wait to see a real secular bear market bottom. I would suggest that would be associated with a serious recession and possibly much higher inflation than we are seeing now. The Dow and SPX are more rationally priced, but even these will have to see "uncommon values" before the secular bear ends.