black friday approaching in usa tonight, page-50

Yep, 3750 seems not low enough in the circumstances.

Europe is at sixes and sevens --percent down. Britain has recorded -0.5% GDP for Sept quarter, following on from 0.0% in the June qarter.

So by the time the December quarter figures come out, in January, it should confirm two negative qarters of GDP, a recession.

By then though, the share markets should have moved on, hopefully.