On Mar 2, 2:03=A0pm, visualseep...@[EMAIL PROTECTED]
wrote:
> Current DJIA is 12266 after shedding 300+ points and continues to
> vibrate nervously up and down.
>
> Once its slides into 11K territory, expect it to slip slide until some
> unknown equilibrium is reached. =A0Meanwhile feds will be printing
> dollars like crazy secretly hoping nobody will notice to prop the
> economy and stock market up.
>
> As the good doctor Lee Warren phrases it : "The all mighty dollar,
> mean green, is over with".
>
> http://www.youtube.com/watch?v=3DgxkCuVpn-Ec
>
> And the brother could well be right.
>
> If he is, then a cruel joke is about to be unleashed on older people
> getting ready to retire with their money still in the stock market.
>
> Banks will be doing well though... =A0never a dull day at the banks
> whether the economy is up or down.
at current inflation rates the DOE drops about 1.2 pct per month due
to currency devalation.... so 2 months is 2.4 pct.
or 300 points or so.... that will be in addition to what you predict.
your prediction though lacks insight on how GWB's plunge protetion
team operates to buoy the market with funny money.
Phil Scott
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