Discussion in 'Political Discussion' started by Run DMC, May 21, 2009.
Dow 5300 here we come by the end of 2009. Thoughts, anyone?
With Obama and the rest of the clueless dems in control, anything is possible! ANYTHING IS POSSIBLEEEEEEEEEEEEEEE!
9500. The recovery is still ongoing, but the overall trajectory is positive, especially if Congress really helps to develop new industries related to national health care and alternative energy.
I want to be optimistic but I don't see how things can go well. Deficit going up like never before, dollar and credit rating shrinking, expansion of government obligations expanding and the obamans being anti business at every turn. I don't see much reason for optimism.
"If" that happens, we will officially be in a DEPRESSION. Also, another dramatic drop like 5300 would further drive unemployment down as consumers would tighten their belts even more. Pretty frightening prediction Mossed. But you've been pretty acurate so far.
I was just telling someone today that the summer stock market decline has begun. I honestly don't even want to make a prediction. It's too depressing.
I'm guessing it will got to 15.
Because Obama is a Nazi-facist-socialist who is bringing us socialism, and nazi-terrorist style facism. Obama will announce his plans for the nazi facistsocialism by menas of a teleprompter, just afte he uses a hybrid vehicle to abort a fetus.
SERIOUSLY...what do you doom-and-gloomers think happens after markets are hyperinflated with derivatives and backed with hedged bets on shaky mortgages? Its gunna flex back to where its supposed to be.
And who gave us those "shaky mortagages"????? They deserve the firing squad. Tomorrow at dawn. No blind-folds.
My assets were moved into gold and silver awaiting the devaluation of the dollar, when the printing presses get rolling. Inflation here we come.
ahhh.....the "Ownership Society"
those two words might be the genesis of the financial meltdown....
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