Don't let the Dow Fool You
The 1000 points it's gotten back in the last 2 days are because of people cashing out of their shorts. And by shorts I don't mean clothes... people already made their millions shorting companies and are now - - reinvesting in them. It's a hiccup - we are still on a serious downward spiral that I predict will bottom out at 5500 with a current state of emergency that the housing market will be down 10% from last year and unemployment will be close to 15%.
Causing us to enter the next great recession (4-5 years)... And even worse... we have no one to borrow from. Pray/prey that the Saudi's become our friends again...
