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Re: westpacific post# 106506

Sunday, 05/11/2003 6:17:57 AM

Sunday, May 11, 2003 6:17:57 AM

Post# of 704041
>>DOW target = potential is there, never a bull, not till at least 2007/08 - until then a FULL BEAR.<<

Way too optimistic if you think this bear will end by 2007-2008. Take this to the bank...the bear will last until 2020 at the earliest. Probably closer to 2030. The boomers gave us the biggest boom in history...they will also give us the largest and longest bust. If the bear runs till 2007-08, then the bear will run for another two decades as the boomers navigate through retirement. As many under-estimated there poweer to buy, just as many will miiss the mark on their aggressiveness in selling.

Joe



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