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Re: DrHarleyboy post# 66451

Saturday, 01/31/2009 11:19:22 AM

Saturday, January 31, 2009 11:19:22 AM

Post# of 137481
I hope your right about that but other than a number not falling below the number 8000. I'm not real encouraged. OBAMA is constantly talking down the economy. He also intends to repay the UAW which will forstall the obvious unavoidable chapter 11 filing of GM and Chrysler. Wallstreet is savey enough to know the out come of the Dems. Pork Stimulus package. I lived the 80s that OBAMA referenced! They followed right after Carter was voted out of office. My home loan was 13.25% and my truck was financed at 22%. I had a 100K borrowed that went to 18% and almost broke me.How many of you can relate to that? So, given what I've stated, do I think the DOW has bottomed. For me the answer is no. Not trying to be overly negative here. Just trying to help others have a perspective.
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