Wednesday, 24 November 2004

No booga booga !

Is there someone who didn't read today's article from Boston Herald ?????

Stephan Roach is well known strategiest for Morgan Stanley ( bearish all the time but this...???), and it struck me a lot when I heard what he said to exclusive club of fund managers .
I can only think what kind of a Domino effect it might folllow. At fears it could be slow way down, and not suddenly crush.
Roach according to Boston Herald:

"Roach sees a 30 percent chance of a slump soon and a 60 percent chance that ``we'll muddle through for a while and delay the eventual armageddon.''
The chance we'll get through OK: one in 10. Maybe "

This is to me no booga booooga !

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