Look at a long term chart of the DOW.
Many things are potential activators for a decline to levels of early 1990's
or even the early 80's DOW
and possibly a brief visit to the early 70's level DOW 1000
For 10 years, through out the 1970's, the DOW bounced back down from the 1000 level.
From 1965 to 1980 the Dow bounced back down off the 1000 barrier.
That's fifteen years it fluctuated between 800 and a 1000.
Back in those days, those swings were pretty strong, being 10 to 20 percent.
It didn't break 800 till 1961, and then promptly dropped back to 600 in 1962. The ones who played that little deal made a killing.
Be interesting to study. That's a 25% change.
So what's 25% of this year's high. Call it 14,000 for round numbers, half is 7,000, and half that is 3500. So 10,500 for a cushion until something new happens.
We are likely to play between the floor and ceiling of 13,700 and 10,500 for some time, and then world problems, national problems create more circumstances for big boy shorting.
Where it stops? 10,000, 9000, 8000, 7000 maybe.
But remember. It was technology that broke the 1,000 barrier.
And cash counterfeiting can sink the market when technology and food and housing get torpedoed.
You say that's too big, can't happen? Too much percent drop?
From 13,000 to 1,000 ? Well, from 1929 to 1932 it dropped from 400 to 40. What ratio is that? Want to see it again. Just keep on sticking your head in the sand about what's happening.
Government's shooting for police state.
Banks' printing money for world economy.
Schools teaching non-value, everyone's opinion is equal and good.
Food is being eaten up with patents by GMO companies like ADM
Raw Energy is made US slave to world oil.
People can hardly pass their time without a connection to a satellite somewhere or high-tech electronic entertainment.
Just a partial dip, resulting from disturbances, can set off a FEMA police state, martial law situation.
Anything can happen. I think 90% of the stock companies are overvalued. Look at the cost of a home in California.
Look at the cost of a home in Iowa.
Is an electronic-computer tech worth that much more than the farmer who feeds your family. Which one would you give up first? Your computer or your food?
Something is drastically wrong in this picture. Many things are wrong. When it balances out, many platforms are going to break and many things shifted around dramatically.
How long will it hold together? Until the powers see an opportunity to cause the people to accept and even request their totalitarian help.
It's no big deal to repeat an 80 year old pattern.
In 1921, the DOW was at 65
Eight years later it was at 400.
That 8 year, 1921-1929, technology boom of science inventions including radio, automobiles, airplanes, and machines was a way more giddy time than we saw in 1980
A multiplier of about 8 in just 8 years, a hundred percent /year!
No wonder the rich men put new laws on the books allowing them to short the market and then increased credit requirements.
But we have a buffer, most say. Oh well. Right. If the "authorities " say we do, then we do. Right. I almost forgot.
The emperor does have clothes.
How over valued is Yahoo? How good are American companies doing?
Not Toyoto. American companies.
How well off is the typical American family?
How many on government checks? About 55%
How many working working working and still in debt?
How many eating good food?
How many reading good books instead of entertainment TV.
How many out looking for sex or booze instead of helping do righteous things.
How many in jail
How many can read and write on a level to continue learning and teach themselves?
How many even hold a pencil right when they write? Most don't.
They didn't learn the basics in school.
Ignorance is rampant.
Kids who memorized the latest compilation of new buttons to push from MicroSoft get $70/hour for their superficial parrot knowledge.
Farmers who grow your food work for little to nothing.
Entertainers get millions? Think about it.
Government sociology and police and psychology is how much of our budget? How much does all that contribute to productivity?
Productivity is very very low except when you multiply technology by big numbers because of necessity for it. Think about it.
See www.ChristianParents.com
Larry A. Rice
Set your desire to Eternal Riches, the true riches.
AI
