:VODAFONE: Traders Thread, Long or Short!

The 50 MA has gone today and the stock will struggle to hold £1.10 ahead of the new year.

If there is anyone out there, who thinks this market is going to recover in 2003, then they're in for a real f*%^in shock.

Investors have given up on '02; they're already wondering about next year. Once again, they turn to the financial press for the usual plague of predictions. The seers have been blind, deaf and dumb to the biggest financial trend to
come along in the past 20 years - a major bear market.

Falling share prices are unthinkable; the experts seem not only unable to imagine them falling but unable to see them falling right in front of their own eyes. Almost all those quoted in the press at the beginning of 2000 thought shares would continue to rise.

Then, again in January 2001!!!!!

Many LOUDMOUTHS on ADVFN will try and tell YOU all two years later...three years from 2000 declining prices!

Business Week interviews 65 of the 'smartest players' on the street and, guess what...62 of them say that shares will go up in '03.

Raven says' they will fall again by a further 25-37% in 2003.

The Christmas sales figures are giving us a hint that the poor fellow has had enough? Maybe he's reached his credit limit. Maybe he's just tired of being
the world's patsy? Or maybe he's noticed that most of what he's buying is getting cheaper...autos, TVs, even food...and maybe he'll just wait a little longer before
spending his money...?

Of course, if he does that, it may be the end of America's consumer economy... the End-Of-The-World-As-We-Have-Known-It (EOTWAWHKI)...and welcome to Tokyo! (Or is it BuenosAires?)

We've entered a bear market that's so big, we haven't had anything like it since
the 1700s, and that was a 64-year corrective process... This is a great opportunity to get out. By the time this whole thing is over, you'll be able to buy your favourite
neighbourhood mansion from the bank at 10 cents on the dollar."

My March 2003 target for Vodafone is 88p ahead of the big plunge down to 65p.

The retail sector is the first that is going to be hit hard.

Don't invest long-term in retail and leisure sector.

( Very Good For U and I The Consumer!!, But Not Good For Company Profits ;- )

These will be hit very very hard in 2003.

The figures for the retail sector Christmas sales, are going to be extremely alarming!

The Bank Of England where rumoured to have phoned the HOF group flag ship stores like Kendals of Manchester just before Christmas eve to see how figures like for like where going, only to be told very bad!

Don't be fooled by the big queues for the pre-January sales.

The sales have come early after a * DISASTROUS * pre -Christmas.

The whole market is going to be hit very hard next year, and this is not the time to go long In Ravens Humble Opinion.

Debt bubble to burst !

Housing bubble to burst !

Interest rates to rise !

Oil to rise on the back of war with Iraq !

Jobs to be lost ahead of the depression !

People will start to cut down, and mobiles phones will be first on the list unless you are a business like myself, then you will go to the cheapest tariff, cheapest companie! Price war starts and profits are hit again.

Don't be fooled, Vodafones a sell above 90p IMHO.

Regards

DUBYA.

Happy New Year.

Cash Will Be KING In 2003.