7 replies to this topic

[Insider]

The Dow will fall below 5000 points in less than 3 years My target is 4250

[arbman]

Nice to see you post... Hell ya! If the govt cuts spending and then limits issuing bonds, and then they manage to get the bonds downgraded after buying all the toxic assets so that the rest of the country cannot borrow easily anymore, what happens? Congress managed to screw everything Fed has tried so hard to repair, they are like the bull vs bear. Not that Fed is all that innocent, but I am pretty sure Fed was counting on Congress to remain cooperative to Fed's efforts. Regardless though, the monetary expansion is unsustainable, and the expansion did not bring jobs, which was the worse outcome as the debt purchased was not productive assets. I blame Oh'bummer for not stimulating research and tech jobs enough to bring a stronger growth in that area, but Apple did its part alright... The rest of us are mere pawns, when these forces were done with screwing the sovereign debt of US, the people in US only became the collateral damage of debt and must pay its interest forever, not even principal. When the govt runs out of money, it must still pay first the interest on debt next week...

[fib_1618]

The Dow will fall below 5000 points in less than 3 years

My target is 4250

All of sudden I just go bullish for some reason!

Fib

[zman]

The Dow will fall below 5000 points in less than 3 years

My target is 4250

boy ur talking a lot of carnage not only on wall street but main street...I hope we never see that number...

[zman]

actually when we do enter bear market I do see the spx headed towards 1010...what that equates on the dow i dont know...time will tell

[Insider]

America is broken and the rest of the world is broken along with it

[arbman]

America is broken and the rest of the world is broken along with it

You know US really screwed to take down the whole house with it, what were Chinese thinking for building all those ghost cities?!?

[fib_1618]

America is broken and the rest of the world is broken along with it

So what are you doing in preparation for this carnage?

Fib