"Give up the notion the dow's going to 14000"

http://www.smartmone...ors-bill-gross/


and wollie sez.........it gonna go thru 14000 like a hot nife thru butter...... el solo toro

Edited by da_cheif, 26 July 2009 - 04:18 PM.

There is a very good chance the DOW is going to 20,000 within 2 years, possibly as high as 30,000 (Say10% chance) SPX 2200 We need the dollar to fall to facilitate this and policymakers are doing all in their power to achieve this. Then they will invent a new currency, and we can all start again. Inflation, and the eroding power of money, is the only thing which keeps the whole rat race going IMO. I mean if we had deflation, instead of the ransom being "one million dollars" it would be "one hundred dollars" (like that weirdo called minimi in the film). LOL

Edited by Tor, 26 July 2009 - 05:26 PM.

Bookmarked ! (as are any calls for sub-666)

Edited by n83, 26 July 2009 - 06:04 PM.

Bookmarked ! (as are any calls for sub-666)

Good

My provisional estimate is that the dollar will have to fall to the 40 USD region. I am not a currency expert so please give me some slack.

At this level it allows for some real stock market appreciation aside from currency movement.

I think it would be iunlikely to see the stock market at the current level or below with the dollar at $40. That is my personal view only.

Hey, no fair using devalued dollars.