In June, 2008, the Royal Bank of Scotland predicted that--with the global crash--the S&P would hit here at 1050. Well...looks like we are pretty darn close to their prediction.
The Voice of Freedom - Ambrose Evans-Pritchard: RBS issues global stock and credit crash alert!
With this new liquidity by the Feds, seems to me that there is a real fire sale going on in stocks for the next month or so. Am I wrong? :confused::confused::confused: (As in: if Dillard's marks their stuff off 50% or more, I'm down there looking around.) And when will this sale end I wonder  :confused:
Is anyone buying now? Waiting a couple months? Or just hunkering down, sucking thumbs and praying? (Any of these answers are acceptable as it's all just a matter of style.)
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"Our greatest glory is not in never falling, but in rising every time we fall." -- Confucius
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