The first 9 months of 2009 could be good, but that is the best case as what would follow will be a shocker.
There will be no great bull for years to come IMO.
The traders will be the winners for some time.
Any good rally must be sold.
The world economic situation is sicker than anyone alive has experienced.
Any thoughts that the economic powers that be have solved the current problems is living in dream land.
I think the simple formula is when things look better, then sell.
Give it another 8 or 9 years and we could be off to the races but not before worldwide although locally it will probably be as early as 2013.
The action taken worldwide is in fact a killer of recovery not a help.
Any interventiion is always a hindrance not a help.
Give a drug addict another fix and they feel better for a while but I have never seen it cure one.
The only salvation is time and much of it.
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