nakedempire


The American Empire in a Changing World



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Thursday, September 22, 2011

Could the Dow Jones fall to 800?

a 10,000 point drop..........one blogger thinks so...........from "the market ticker"..........

"There is no shortage of lendable money.  There hasn't been since this entire mess began.  The problem was that money was too easy, not too tight, and people ran into the wall on their ability to pay.
You cannot drink yourself sober.
The game is over folks.  Europe is now the lynchpin between here and the SPX at 500, and that's a short-term stop between here and an entirely-possible outcome of where it began in 1980.
That's S&P 100, not 500, and Dow 800".............READ MORE

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