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westpacific

05/11/03 12:58 AM

#106506 RE: Zeev Hed #106493

Federal Reserve will cause greater instablity in US.

Euro target 1.50

Gold - 2005 to 2007 $3K an ounce

Unemployment in US 25%

DOW target = potential is there, never a bull, not till at least 2007/08 - until then a FULL BEAR.

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goodluck

05/11/03 1:40 PM

#106543 RE: Zeev Hed #106493

<<I think the European Central bankers maybe readying Europe for a lot of social instability.>>
Zeev,
don't forget that 10% unemployment in Europe is different from 10% unemployment here. First, the way they count their 10% is a more realistic reflection of people who are actually looking for work than here, and, at least according to what I hear, may even overstate it somewhat, and second, their safety net is still much stronger than here, though who knows, there has been a lot of griping about it in the past few years and they may have to shred it at some point, but for the most part haven't done so yet.