Thanks BD but I cannot take the credit for that skit. It was emailed around a few months back and was brilliant. A parody of a parody because the author was saying that if these two commedians really wanted to tell truth through comedy then they would do something like this. Unfortunately, were they to do that at Their ABC it would mean instant dismissal and a media enquiry launched by the Greens into shutting down free throught from the right.
El Capo is all excited because the first of his 1,076 preidctions for 2012 came true. Not sure why he thinks I'd be upset by Dow returning to 13,000 but anyway. EC, the point I was trying to make about Tim Flannery is that even if you predict things over and over you may still get them wrong. In your case you are triple wrong. You have looked for a top since Jan, you then predicted a rise and we had a fall. Now you see another short term rise past 13,000 and then a large fall. You will be wrong again. Yes we will rise past 13000 but will it be short term?!?!
EC, I have a prediction for you. If you go short at 13040 and stay short for more than three months you will get burnt. My guess is that once we reach 13000 again we will travel through it and continue on and up.
You see, if you discount the Dow for devaluation in the US$ you get (at 80%) Dow 10400. Printing will continue and thus devaluation will continue.
I like the idea of Julio although I am sure that last time he and I sat down together at the Latin Lover's Association Cruise I'd been with a few more women.
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