LOOK AHEAD

Happy New Year!

Time to look ahead. This could be a great year. Numerous opportunities to untangle long term problems appear on the horizon. That is if we don't screw it up. If not, then I predict:

- Iraqi elections will be a success and lead to fast changes throughout the Middle East.
- The new Iraqi government will move to crush the terrorists.
- Israel and the Palestinians will finally start to get serious now that Arafat is dead.
- Indonesia and the other countries affected by the tsunami will rebound stronger than ever.
- The U.S. economy will continue to grow. That will cut the deficit and boost the dollar which will stabilize back to $1.20 to the Euro by year end. (Contrary to the conventional wisdom spewing from the MSM pundits).
- Oil will drop to $34 / barrel by March and stay there.
- Chief Justice Rehnquist will retire and President Bush will nominate Justice Scalia to replace him.
- Hillary will start to make moves to run for president but sensible Dems will start to coalesce around a centrist to block her.
- New 3G phones will start to appear and video over the phone will be a killer app.
- Arnold will continue to kick the "girly men" in the Calif. legislature around.
- Boston will not repeat as Series champs, thus starting another "curse".
- The DJIA will end 2005 over 13,000; the NASDAQ will cross 4,000.

Remember you heard it here first.