InvestorsHub Logo
icon url

ajtj99

12/15/08 7:50 AM

#137216 RE: RAVINASA #137214

I do not think this is similar to 2002 when we ended a 30-month bear market. We've only been dropping for a little over 12-months. This is going to drag out for 5-years, IMO.

There should be trading ops and bear rallies, but I believe the situation is much different than 2000-2002, which was basically a capital goods recession. There wasn't a consumer recession at that time. Today we are experiencing a complete and total global upheaval.