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Posted by PrivateEyes on September 30, 2006, 6:10 pm
Soothsayer wrote:
> Please check my blog at:
> http://spxhz.spaces.live.com/oldsoothsayer/
Please bear in mind 1999. Many bear hope mkt will crash but instead it
kept popping up.
Please bear in mind, mid-term election, more than half of the Dow
components CEOs are republicans. More than 1/4 S&P top coporation CEOs
are republicans major contributors.
Mkt up only mean to help Republican. Therefore, mkt erection will
continue until mid-term election is over. Even there is a drop, it's
just a minor of minor pull back. Don't believe me? Try refer all the
historical datas compare to election.
Please bear in mind, housing bubble is bursting. It's just the
beginning. Investors are relocated their investment back into stocks
away from RE and related. This translate Tech. and many industrial
sector will get attention again. History repeat itself? Yes.
Please bear in mind, Oil is heading south. the 2 years up trend is
ended. After this pull back, will resume lower to as low as 45.00
which is the low of old 30 after inflation factor applied.
OPEC shouldn't have no problem with that especially ARABs need the
money desperately for it's over spend on infrastructure that is no turn
back now. They will force to keep pumping those oil. China and India
economy will begin to pause and eventually the growth cycle could end
at late 2007 or early 2008 become a bust for a big correction.
This is time to re-invest in N.Amreica, especially US. The cycle has
began.
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