Dow to 7200/7500

Because no one has ever seen markets like these its difficult to pick a trading low. But for the next three month or so there should be a tradable bottom before the next leg down. Wall Streets incredible greed and immoral actions has come to roast. When the end of dance shows, poker mania, and flip this house are long gone the final bottom should be in, but no one will care. Very few will have any interest in the stock market for years to come including most on this board. This would be a typical sentiment environment and purging process that our financial system needs. This is what is required to create a next generation of productive minds that don't all want to develop the next big video game. Back to back decades of parabolic productivity growth has bred a herd of brain dead, greed management teams in corp. America that simply can't compete without cheating anymore. If I recall correctly in every historical instance since 1700 when world financial leaders change hands gold has become the international currency of choice. I would expect gold to see 1200 before mid 2009. Oil should hit new highs as supplies just disappear, not from ground reserves but from channel erosion and government intervention. It's going to be a long cold winter that can be very profitable for the smart trader with a strong stomach. Buying GG CHK SMH, POT, INTC, and TSX.