Doubtful that Friday's low is the bottom, I see us going lower MT to LT.
I was correct in calling the amateur-hour bottom on Friday though, simply as a ST-bottom. Naturally, we are rallying now after getting pummeled the entire month.
What I expect now once the rally is over, and don't be surprised to see the 10 thousands again on the Dow, maybe 10,700? Who knows.
Either way, I think we'll see the markets once again being held hostage right into the Federal Reserve meeting so the money changers of the temple can get interest rates cut as much as possible.
Let's face it. The big bad banksters of the global central bankers make money off of the spread, not necessarily the interest rate. So cut rates close to 0%, then by the time Joe Sixpack and Mary Jane get their loans, they're at 6%+++.
Once this deflation is over though, the inflation, and hyperinflation due to these destructive policies will be intense. The goal of these banksters is to introduce us to the Amero! I don't know about you, but the idea of having my currency pegged to the Mexican peso is downright frightening!!!
......You can see.....I wrote the message last October/2008 when DOW was much higher......If you actually read the message you can see some "FOOLISH" wisdom/prediction......So here we are below the 6661 that I gave at that time.....MY thoughts are a DOW going to 5555 by October of this year/2009.....My last 100 messages have given you everything that I "THINK" about and possibly more!.......So right now I will say Goodbye "again" until another projection comes to be.....IF you read the last 100 or so messages of mine....you may find silver cloud!......It has all been said from my end and I am getting very tired......Good luck to all.....God Bless....Get GOLD.....Get SILVER.....Review Great Panther Resources......Once again.....I am a FOOL who always thinks about the FUTURE.
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