GREY:SXRZF - Post by User
Comment by
lenticularon Nov 21, 2007 9:52pm
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Post# 13848867
RE: All is not lost..slovenia
RE: All is not lost..sloveniaYou probably already know where I stand on this. The U.S. is likely already in a recession and a bear market is in the making. There will be no Christmas Rally this year. Hate to be so negative but that is what I see. If the FED cuts rate you can expect gold to run to well over 900 an ounce and oil will pop above 100 bucks that in turn will slow the economy..so you see the FED is in a real tight spot here. A lot of inflation is going to show up in the economy next year and again this is not good for the market..so to make a story short this market is going lower.