Tuesday, January 27, 2009 5:13:23 PM
I think the Dow will go below 7000 in the next few months as a function of good government! The new administration has not been throwing around the quick fix bail out plans, or even talking about an easy way out.
A good government now will have to let some of theses companies die, whether they are household names or not. Unemployment will become a serious issue before June. So far I think we have only seen the first wave of unemployment, that wave will finish by mid Feb. The total number of job losses will be big enough to alone create a secondary wave of unemployment that will be 20 to 30% of the first wave, then a smaller 3rd wave etc. The total number of job losses is most likely to reach twice the total number of the first wave.
The impact of the job losses will drive the Dow to new lows.
The US Dollar. For anyone watching the 2 markets one thing has become clear, often they are going in opposite directions, which of course is not possible in the long term. The dollar will go lower this year, however its recovery should be monitored closely as it may indicate the Dow is about to strengthen.
Buzz Inc is working on some very high profile deals that will put it into the mainstream of the investment community. This will bring about a substantial shift in price. No new stock will be issued at anytime.
More Banks are now borderline businesses, 1 good disaster in the USA I think will also claim several insurance companies and this could flow on to some banks. Several banks will now have some trouble making any money.
And I predict many changes to GAAP rules to stop rewarding debt in the balance sheets and start looking at real value.
Good Luck to everyone trading the markets
The document is what BZTG has published to help potential and current shareholder learn about the company.
Download The Document Herehttp://corporates.12buzz.com/downloads/buzzinc.pdf
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