dow at 8000 by months end and 5000 by the end of december
the fed will cut rates .50 0n the 29th
housing has not bottomed out and the market has yet to adjust for the derivatives market and swaps, although insurance companies did take a beating today.
It is probably going to take around 10 trillion to correct the market
REITS took a beating yesterday and so far retirement funds have lost 2.3 trillion this year and most 401k's have lost 35%.
Smoke should start to settle around june or july barring a complete collapse.
Re: Are my eyes blurry or is this really happening
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