The free money threw all sorts of curves at the mystical measurements
used to value equities, so let's wait and see what happens when
expensive money enters the equation....
10.8K might actually be stretching things a little......
Are you gonna go long if it gets down to below that level? ;-)
Fred
> > 10.8K might actually be stretching things a little......
>
> Are you gonna go long if it gets down to below that level? ;-)
The problem with that is two-fold:
1) I think we've gone so far above valuation that the whole system
might disintegrate once gravity is allowed to take hold. With the
dollar rank-worthless and the markets crashing now, one has to wonder
what kind of manipulation is going to put any real floor above only a
few thousand (5-7K) in the Dow.
2) And, at that point, it's bye-bye economy.
LaRouche was right on one thing -- the crash was coming... It's now
_HERE_.
Mike
>
>Are you gonna go long if it gets down to below that level? ;-)
>
>Fred
More than likely.............. 8)
Damn you! I was all ready to move Antarctica when you said
you were going to stop your repetitive posting, but of course like
all promises made by Usenutz you never followed through...now
I might as well keep my long underwear packed up because I
might need it soon...
---
William Ernest Reid
Post count: 748
Now wait a minute, I said I would stop the every 10 minute updates on
the fraud being conducted.....I didn't say I would stop posting.....
Yeah, let the moron move to Antarctica and entertain himself with his
stuck-together Playboys and female penguins. Who knows, maybe he'll
set up an Antarctica branch of the famous billy-boy charm school.