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The Crash of '08

By dR. O  Posted by Ben Marble, M.D. (about the submitter)       (Page 1 of 1 pages)     Permalink    (# of views)   No comments

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Some of you may have read the diary I submitted on Jan 21, 2008 where I discussed my previous prediction that the stock market would crash. 

click here basic theory was that one day crashes can no longer occur due to the stop gap measures added after prior crashes i.e. one or two day crashes will now take weeks to months to happen. So as of right now the DJIA is down over 15% from 5 months ago. The dollars value is at all time lows. Gold is at all time highs. Oil is at all time highs.  Gas is at all time highs.  The vast majority of future indicators are looking at the market to continue in it's downward spiral.  The facts are simple:

THE CRASH OF '08 has ALREADY HAPPENED!

In other words, this ain't no 'recession' this is a GREAT DEPRESSION!

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