OldMercsRule
Captain
- Joined
- Nov 30, 2006
- Messages
- 3,340
Re: Volatility in the markets in September
Respectfully, JR
Thanks, again I'm reminded about Dent's book.
Bottom Line Skinnywater: There is a huge demographic peak in this Great Country, (the largest we have ever had in percentage terms). History, (which Dent's books talks about, [at least his earlier books had some very impressive stuff about the history and results of past demographic peaks]. As yer web site below speaks to: we use a lot of credit in this Country, (the tendancies pointed out in yer linc by themselves stand alone are not a huge corncern fer me), it is easy to scare people by piecemeal arguments about segments of this huge Country. The present crisis, (sub prime) is both dangerious and a potential opportunity as we ran out of credit a while back and as the Fed loosens up money it could kick us much higher, (equity prices). Hard to tell where we will go right now, (in the short or near term 12- 24 months). I'm cautiously optimistic, (but I tend to be an optimist, and I only have one functioning brain cell). Longer term real scary, (again limited by the cornstraints of a single brain cell).
And who is Mrs. Jones?
She is me "straw women". Most salesmen or women, (I was a Stock Broker fer 22 years), used a straw man or women to practice their sales pitch. Mrs Jones has always been me favorite as she does not have a "honey do list", n' she doesn't talk back. N' you know ol' Murky likes the last word.
BTW, I've refered to this website over the years. I don't know if it has anything here to interest you or not.
http://mwhodges.home.att.net/summary-b.htm
Respectfully, JR