ANOTHER WEEK OF GLOOM ON THE STREET...AS REALITY STARTS TO BITE.
THE NEXT MOVE WILL BE TO KISS DOW 10,000 GOOD BYE FOR A WHILE...
MY HUNCH IS THAT THE NEXT STOP IS DOW 8,000...ULTIMATELY GOING TO ABOUT 6500....NEXT YEAR...AND THEN HOLDING AT VERY LOW LEVELS FOR ABOUT FIVE TO EIGHT YEARS...AS THE US STARTS TO RE-ESTABLISH A "REAL ECONOMY" AGAIN...
IT WILL TAKE A WHILE...
