mo2036

What Will Fannie / Freddie Mean for Monday?

DOW to 9700 in within 6 weeks--this will be capitulation but new highs above 14000 will not be seen for years as asset destruction is experienced in MANY areas. Gaoline to $3 by election as it is politically correct. Oil will be $200 a barrel by 2010,

This is just the prelude of one of the worat transfer of wealth in history. WHY? Because others want a piece of the pie, OPEC is tired of giving their life blood away to pampered Americans while thier citizens standard of living is sacrified to the gluttons. All they have in many cases is oil and how long will it last?

We have reached a new paradigm where bubbles are everywhere ans compounding to create super bubbles. Those in denial will suffer in their debt.