cashew

2009 Depression Will Be Nothing Like 1929

Right on ! This fellow is doom and gloom as well. We could go down below DOW 6000. However, if the government develops a brain and goes to mark to model or suspends the mark to market for two years under some guidlines it would have a big impact. If the stress test on the banks come back positive you would change the market psychology and the shorts would be forced to cover and the market would move up 20% very quickly.


On Mar 06 06:21 AM pelican wrote:

> "It is obvious, we are in a full blown depression.."
>
> Well, for someone who is bashing doom and gloomers, this is a pretty
> bold statement. And if you don't mean like the Great Depression...well,
> what do you mean? I'll stick with deep recession for now.