Fed chief warns nation of more economic pain ahead

[Web Master]

Fed chief warns nation of more economic pain ahead

 

[.X.]

The pain is just beginning, Imo

 

[dWhite]

I don't trust anything that comes off Yahoo news.

 

[GILSAN]

Bernanke painted a gloomy picture. In case you hav'nt done it yet, put your seat belts on, we're in for a rough ride. Hopefully it doesn't last too long.

 

[Jeff]

I had predicted Dow 7,800 - 8,400+/- ... it could now easily attain 6,900 - 7,200+, IMHO. :o

Good Luck to us all,
-Jeff

 

[homebuyer]

Iceland Banks Closing - 100s of Thousands Can't Withdraw Money

"HUNDREDS of thousands of UK savers were yesterday blocked from withdrawing their cash..." http://news.scotsman.com/uk/British-savers-denied-cash-as.4567943.jp

Just wait until you can't get your money out of the bank . . .
http://new.music.yahoo.com/videos/REM/Its-The-End-Of-The-World--25697333

 

[Jeff]

Consider buying ... with another 15%+ drop in the Dow, IMHO ... perhaps, lucky 7,777?

What are your thoughts?
-Jeff

 

[GILSAN]

Consider buying ... with another 15%+ drop in the Dow, IMHO ... perhaps, lucky 7,777?

What are your thoughts?
-Jeff

If it gets to that number it means total chaos and panic in the markets, and that would be a very bad scenario. Don't even predict it, DOW may hear you!

 

[Jeff]

"Buy Low, Sell High"! :gl: :imho:

-Jeff

 

[Web Master]

bad

Hi Jeff,

Thanks for participating in talking of the down markets that concern all peoples.

I'm watching the stock markets and forex markets now. Up to now, most can be seen are unwholesome, unsatisfactory market performances, as the news below:

GM falls to 1950 levels; European sales stung

Europe shares end sharply lower, tracking Wall St

FOREX-Euro briefly turns negative on credit market fears

TREASURIES-Bonds fall on supply concerns

Hope the depressing market situations will be changed positively. Don't know when the markets can climb up steadily.

 

[Jeff]

Righto, we're in a very real and rather serious rough patch right now IMHO ... but at some level, there may be an opportunity for some that hasn't existed in quite some time, as well! :gl:

Just my two sense.
-Jeff