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milpo (98.73)

Trudging the Road to Happy Destiny

Recs

3

November 07, 2008 – Comments (1) | RELATED TICKERS: EEV , RRZ.DL.DL , RSW

 

 I just had a vision of things to come.  Should we hand a foot ruler to a civil engineer surveying the "road to happy destiny?"

 

 Date           DOW

10\07          14000

11\08           7000

04\09          10500

06\09           7000

10\09           8400

12\09           5100

03\10           6450

10\10           3750

11\10           5950

12\10           3500

04\11           3900

06\11           1900

10\11           3850  & True Recovery Begins

Please tell me that it was just a hallucination.  I should take my medicine daily.

1 Comments – Post Your Own

#1) On November 08, 2008 at 8:54 AM, MarketBottom (29.91) wrote:

Milpo,

No, that could be fairly realistic. The size and pace of the commodity fall is unprecedented. The worlds two engines, US and China are in freefall. The longest period of basing in the US equity markets occurred in 70s, at Dow 1000 level, and that could very well be the area of final support. Jim Rogers moved his business and family out of the country several years ago, and recently said, buy a tractor and move to Canada.

Hope for the best while preparing for the worst.

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