Monday, July 27, 2009

DOW over 10,000 by year end?

DOW is way over value now, but the false rally could continue for a time. However, we could see a massive down after people wake up to reality things will get ugly.

The false rally of April 1930, was I feel similar to what is taking place now. Expect DOW to go down and the T-bonds to go down. Inflation adjusted the dow will crash bad in the next decade.

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