What happened to Japan's stockmarket is going to happen to the Dow.
The Dow could collapse to around 2,700.
Rising interest rates, rising commodity prices, high oil prices, troubles in Iraq and elsehwere, rising inflation, trouble in the property market caused by high borrowings and rising interest rates, profit downgrades, discoveries that some current profit reports have been deliberately falsified, financial and derivatives market problems, bank collapses, - you name it, it is here or around the corner.
We might even see gold at US$2,700 an ounce when the Dow is at 2,700.
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- *** warning: dow to fall to 2,700 ***
*** warning: dow to fall to 2,700 ***
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