The Mudcat Café TM
Thread #114406   Message #2440903
Posted By: Donuel
15-Sep-08 - 09:30 AM
Thread Name: BS: Big Trouble on Wall Street
Subject: RE: BS: Big Trouble on Wall Street
At the end of today the trading may close early to keep it from dropping into the 9,000's.

We may see it close at 10,622 today from Friday's 11,300

a 5% loss is expected ,



a 50% drop would be an honest, yet generous, value of Americas market but that will come slowly instead of the 1929 sudden re evaluation. Its just as bad but designed to happen during a Dmeocratic administration. The business world likes it that way so they can ride the next deregulation Republican wave after some poor democratic shmuck has to pcik up the pieces and raise taxes just to stay afloat.