UPDATED: NEXT STOP: 9000! YOU CAN'T STOP ME NOW! RECOVERY OF DOW! YOU ALL NOW LOOK LIKE CLOWNS! THE DEFINITIVE DOW DISCUSSION THREAD!

well they can say what the want but it looks like you nailed it.

Spin the wheel .........

dp

Last Edited by 1-2-Follow on 07/20/2009 01:00 PM

The gamblers are throwing all their money on the table. When it goes down the next time, it will be over.

For those that don't look outside of the US for their information, here is some reality.


"No doubt Ireland has been the victim of a savagely tight monetary policy - given its specific needs. But the deeper truth is that Britain, Spain, France, Germany, Italy, the US, and Japan are in varying states of fiscal ruin, and those tipping into demographic decline (unlike young Ireland) have an underlying cancer that is even more deadly. The West cannot support its gold-plated state structures from an aging workforce and depleted tax base.

As the International Monetary Fund made clear last week, Britain is lucky that markets have not yet imposed a "penalty interest" on British Gilts, given the trajectory of UK national debt – now vaulting towards 100pc of GDP – and the scandalous refusal of this Government to map out any path back to solvency.

"The UK has been getting the benefit of the doubt, both in the Government bond market and also the foreign exchange market. This benefit of the doubt is not going to last forever," said the Fund.

France and Italy have been less abject, but they began with higher borrowing needs. Italy's debt is expected to reach the danger level of 120pc next year, according to leaked Treasury documents. France's debt will near 90pc next year if President Nicolas Sarkozy goes ahead with his "Grand Emprunt", a fiscal blitz masquerading as investment.

There was a case for an emergency boost last winter to cushion the blow as global industry crashed. That moment has passed. While I agree with Nomura's Richard Koo that the US, Britain, and Europe risk a deflationary slump along the lines of Japan's Lost Decade (two decades really), I am ever more wary of his calls for Keynesian spending a l'outrance.

Such policies have crippled Japan. A string of make-work stimulus plans - famously building bridges to nowhere in Hokkaido - has ensured that the day of reckoning will be worse, when it comes. The IMF says Japan's gross public debt will reach 240pc of GDP by 2014 - beyond the point of recovery for a nation with a contracting workforce. Sooner or later, Japan's bond market will blow up.

Error One was to permit a bubble in the 1980s. Error Two was to wait a decade before opting for monetary "shock and awe" through quantitative easing.

The US Federal Reserve has moved faster but already seems to think the job is done. "Quantitative tightening" has begun. Its balance sheet has contracted by almost $200bn (£122bn) from the peak. The M2 money supply has stagnated since January. The Fed is talking of "exit strategies".

Is this a replay of mid-2008 when the Fed lost its nerve, bristling over criticism that it had cut rates too low (then 2pc)? Remember what happened. Fed hawks in Dallas, St Louis, and Atlanta talked of rate rises. That had consequences. Markets tightened in anticipation, and arguably triggered the collapse of Lehman Brothers, AIG, Fannie and Freddie that Autumn.

The Fed's doctrine – New Keynesian Synthesis – has let it down time and again in this long saga, and there is scant evidence that Fed officials recognise the fact. As for the European Central Bank, it has let private loan growth contract this summer.

The imperative for the debt-bloated West is to cut spending systematically for year after year, off-setting the deflationary effect with monetary stimulus. This is the only mix that can save us.

My awful fear is that we will do exactly the opposite, incubating yet another crisis this autumn, to which we will respond with yet further spending. This is the road to ruin.

DOW is about to break upward...

9,000 will be easy very soon...

you will have to update this to 10,000 after and put in a new video that works...

:5:

Yeah, OP, keep dreaming...

1.00 EUR = 1.42209 USD

... and dollar keeps going down.

It will stop at between 10,500 and 11,000 At this point, this will be the most opportune time for the short trade of a lifetime.

Right now:

1.00 EUR = 1.42292 USD

1.00 EUR = 1.42319 USD

HEY DUMBFUCK OP HOW ABOUT LEARNING SOME BASIC ECONOMICS..

WHEN THE CURRENCY DEVALUES THE MARKET SKYROCKETS BECAUSE THOSE POINTS HAVE LESS VALUE SO KEEP DANCING LIKE A FAIRY CAUSE YOUR PAPER IS WORTHLESS
IM SURE YOU ARE A BIG FAN OF ZIMBABWE AND GERMANY BACK IN THE DAY

WHAT A MORON!! LMAO !!

OF COURSE THIS POST WILL BE IGNORED BECAUSE IT SHOWS HOW FUCKING STUPID YOU AREE!!!

what the fuck are you babbling abooot? i'm talking about the dow, dumb fuck.

take your african mumbo jumbo to another thread. no one here has mentioned zimbabwe once. dumbass.

8848!!!!

The DOW doesn't mean shit you retard.

The zimbabwe stock market is at 2.000.000 points...

THANK YOU SOMEONE WHO HAS AN IQ OVER 60 JESUS CHRIST THE OP IS A RETARD!!

dooooooo iiiiii neeeeedddd tooooo speeeeeaaaakkkk slloooowwwlleeeee toooo uu!!!???

hey why dont u understand what a market is before u come here trying to act like u can even add 2 numbers together..

MARKET = DOW DOW = MARKET

DO U GET IT

YOUR 8848 IS MEANINGLESS BECAUSE THOSE NUMBERS ARE MORE WORTHLESS AS THE DOLLAR DEVALUES WHICH MAKES THE MARKET VOLUME SKYROCKET WITH NO VALUE !! GO READ SOME HISTORY OR ECONOMICS SHIT FOR BRAINS..

HOW ABOUT A LINK FOR YA WINDOW LICKER

MAYBE THIS CAN HELP GET THE DECRIPIT PARKINSONS HAMSTER RUNNING ON THE WHEEL IN YOUR JUMBO FAT THICK MELON

[link to www.chinapost.com.tw]

QUOTES SO U CAN READ WITHOUT HAVING TO CLICK CAUSE I UNDERSTAND YOUR SO FUCKING LAZY

"Zimbabwe stock exchange up by over 300,000% in ‘07
HARARE/JOHANNESBURG -- The Zimbabwe Stock Exchange (ZSE) grew by a record 322,111 percent in 2007, reports said Tuesday. By close of trade on Monday, the industrial index gained almost 4 percent to 1,911,538,281.84 points, although trading was mixed, the state-controlled Herald said. The mining index put on a record 20.83 percent to 2,363,257,849.25 points, the newspaper said. As annual inflation gathers pace — it is now estimated to have topped 24,000 percent - investors have been flocking to put their money in the ZSE.

With around 80 listed companies involved in activities such as manufacturing, agriculture, mining and retail, the ZSE provides investors with returns that are ahead of inflation."

READ IT AND WEEP TOOLBAG

the industrial index gained almost 4 percent to 1,911,538,281.84 points

SO I HOPE YOUR SO GLEEFUL AS OUR MARKET JUMPS TO ONE MILLION AND YOUR MONEY IS WORTH A PILE OF DOGSHIT

LMAO GO DIE IN A FIRE !!! HAHAHA

You don't know a shit of economics so why are you yelling around everyhing is fine?
The markets are not telling the truth about anything (at least they show how rich people are getting richer), and the Dow will go deep underground as the US gov releases liquidities through the markets and then make your money worthless.
dumbass

HEY ALL YOU IGNORANT SUM BITCHES WHO ARE HERE POOPING ON MY THREAD BECAUSE I'M PROVING YOU ALL TO BE THE CLOWNS THAT YOU ARE:

there's a few things you should know about this thread:

1. it has NOTHING to do with the dollar
2. it has EVERYTHING to do with the dow
3. it is a correct prediction that is coming to pass
4. it's making other dow predictors with the exception of a few on here look like clowns
5. it doesn't give a shit what you think


so if you want to discuss anything else, you can take that shit to another thread and come back to enjoy my celebration at 9000.

thank you.

uh huh. just like the last 5 years you idiots have been calling for the end.

meaningless!?!?!?

hardly. it means i am right.

Sucker of all rallies underway.

just for the record, i really hate the after lunch crowd that rolls in when their mommy finally drags them out of bed to feed their fat pimpled faces their daily dollar menu.

Last Edited by 1-2-Follow on 07/20/2009 04:18 PM

Doomers just can't grasp that the recession is finally over. They're in denial.

The stock market looks out several months ahead, and it sees GROWTH & PROFITS.

The dollar index isn't even near its old low around 71. Even when it did hit 71 previously, NOTHING HAPPENED.

Good times!!!!!!!

I hope you are right. It's hard to see.

yep. IF we were discussing the dollar, i would say the exact same thing.

72 was the doomers breaking point, it broke it, and the world still continued on.

According to the watchdog overseeing the federal government’s financial bailout program, the full exposure since 2007 amounts to a whopping $23.7 trillion dollars, or $80,000 for every American citizen.

futures show +50.

could this be the big day?

if so, come back for the party.

Possible, needs to go up 152 to reach 9k.