dow reversal, page-2

zav

all i can say is you don't know what you are talking about. it will have much much far greater affects than that.

it will affect demand since a lot of demand has been driven by credit, when that credit dries up after the banks are burned the demand will also dry up, that will result in a slowdown and profit downgrades .. the obvious outcome is a recession depending on how bad the credit situation is, and currenty it is pretty bad .. over 50% of the market would be sitting on some kind of credit, and easily 50% or more of the consumer demand is driven by credit. it is no surprise retail sales are down, the crunch is beginning and demand is starting to ease off.

there is no doubt you are 100% incorrect in your assertions