The Dow is tanking

Topspin said:
the fed is going to cut rates seriously.
Housing prices will continue to fall, they need to fall alot as affordability is a problem.
The general economy will do fine, a shallow recession like the last three will be the worst case. Inflation is going to be more of a problem down the road especially if housing starts going back up in the next two years.
Click to expand...

post 28


1/6/2008



wack getting it all wrong

post 28
 
http://www.justplainpolitics.com/showthread.php?6670-Things-are-getting-dark


http://www.nysun.com/article/66268

11-14-2007, 07:15 AM
#1 | Top


evince's Avatar

evince

Truthmatters
How in the hell will the Rs blame this on the Dems?



After what Los Angeles money manager Arnold Silver called "a brutal three days," the question is: What now for the market?

A Wall Street superstar this year who runs Balestra Capital Partners, Jim Melcher, says he's "worried about a recession. Not a normal one, but a very bad one. The worst since the 1930s. I expect we'll see clear signs of it in six months with a dramatic slowdown in the gross domestic product."

Balestra Capital, a $350 million New York hedge fund, was up 3% for the past three market sessions, when the Dow Jones Industrials, spearheaded by widespread declines in financial stocks and fears of more billion-dollar-plus asset write-downs, tumbled more than 677 points, or about 4.5%. The Nasdaq fared worse, skidding about 7%, triggered by across-the-board declines in those fast-stepping technology stocks.

Balestra
 
Moonflower said:
Logic, proof, common sense and debating skills are alien concepts to her, she must surround herself with idiots otherwise surely somebody would have told her before now.
Click to expand...

She thinks posting about the day's activity means she predicted that activity.
 
nope asshole


I posted about it all the time back then


you shits said I was wrong


then reality proved you were wrong and I was correct
 
You must log in or register to reply here.
Back
Top