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Outlook for the USA

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Dear List members

Let Christopher not be the only one to stick his neck out

Having correctly predicted the early spring falls in the Dow and the recession

but being totally wrong on the recovery of the Dow my prediction for 2002 made

about two months back was for a very weak first half of the year which should

see the Dow and Nasdaq return to more realistic levels followed by a return to

growth in the second half .

I feel cheated on the recovery of the Dow which seems to be built on nothing as

some economists have even dubbed it the defeating the Taliban factor. These

predictions have all been based on the Articles of Confederation chart .

Best Wishes

Nicholas

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