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 News As History - November 22, 2008

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Subject: The Dow Jones Industrial Average will close the 2008 year above 11,000
SYSOP    10/7/2008 8:17:10 PM
The Dow Jones Industrial Average will close the 2008 year above 11,000
Dow is at 9447 right now.
 
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Le Zookeeper       10/10/2008 1:08:00 AM

The Dow Jones Industrial Average will close the 2008 year above 11,000
Dow is at 9447 right now.

You have 3 points in ur favor
1) The obviuos bear rally after the fall starting november
2) Dollar strengthens so money comes into US capital markets.
3) The Giants won NFL, 80% of the time when NFC wins stocks end higher for the year.
 
But you do have $49 trillion in derivatives or some debt instrument- total US net worth is $58 trillion. Imagine that. September 29th 2008 can also be the start of the great depression 2. DOW 7000 by next year likely- all becaue of AIG credit swaps etc. NATO could collapse. FRance is already blaming Wall Street (& US) for the mess. Russia may emerge as EU's major ally. 20% of assets in Gold is advisable as well as stored supplies of food for 6months.
 
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