Re: Finally

Started by starramus, 02/25/2009 05:52AM
Posted 02/25/2009 05:52AM Opening Post
Jim, You are not going to buy into today's sucker ralley are you? Some of the worst economic news ever was released today and yet the market was up 236 points. Bernanke's droning mantra had little if anytjhing to do with this irrational positive swing. More leftover "irrational exuberance" or the last throes of a dieing bull market? You can't teach an old bull new tricks. These rip saw moves come periodically, but the overall trend is a stairstep down into the abyss. Some are forecasting a 5500 point DOW. I think that is entirely too optimistic. My crystal ball tells me a 3500 to 3800 point DOW when the whip comes down. Remember what Rothschild said, "Do not buy until blood is flowing in the streets."

[COLOR="Red"][/COLOR]per me caeci vident[COLOR="Red"][/COLOR]