Josh @ 169 said:
“Well, the Japanese market fell 70% from the peak and stayed there for a decade. That would put us at about Dow 5000 until 2018, and make buying anything now a very bad idea.”
Many people on the Internet are saying that the Dow will bottom somewhere between 5000 and 7000 after the PPT is done playing games.
Josh also said:
“Have to give Paulson, Geithner and Bernanke this much props – they have held off the apocalypse by something over two years now. There is just no telling what happens next. So I suppose the market remains mostly paralyzed – and mostly managed secretly and illegally, as it has been I think pretty much since 2001 and maybe longer.”
I agree that serious trouble with the economy began after the Dot-Com imploded (the collapse in autumn 2008 was an aftershock from the Dot-Com). However I’m of the opinion that the illegal equity market manipulation didn’t really begin until March 2009.








