End of June Crash for Jollyroger And another 450 points till now. That's almost 1000 points (approx. 10%) in less than a month.
I remember Jolly when you predicted a 500 point dumping on the Dow overnight and thought to myself, which planet are you from.
Well....it doesn't matter whether it's 500 points overnight or over two weeks, it's still a 500 point loss. Now the US is looking down the barrel of a 1000+ point loss in a month.
I have just returned from the US after spending 3 weeks on business and I must say, this is one country that's in real trouble. They aren't just fighting against poor profit reporting but also war. Every time there is a report of terrorist activity or suicide bombings in the middle east the markets react very aggressively. One small false report in the media about a bombing and the Dow would drop by 80 points in less than 10 mins. Not a very comforting feeling for anyone.
As for the analysts, they are still trying to get it right, and I thought our's were bad.
Very bad times ahead in the US to come.
Nickoo is looking pretty good with his predictions at the moment.
BBM
- Forums
- General
- Question for Nickoo
Question for Nickoo, page-23
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)